Friday, September 23, 2016

Asian stocks hold near 14-month peak on Fed relief

Asian Market 1

Asian shares edged closer to 14-month highs on Friday while the dollar was on the defensive as investors grew more convinced that the Federal Reserve is settling into a phase of very gradual interest rate hikes.

Japan’s Nikkei dipped 0.2 percent, reflecting the yen’s gains during Japan’s market holiday on Thursday.



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