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Asian stocks mostly higher as dollar strengthens

SeattlePI.com Wednesday, 11 January 2017
TOKYO (AP) — Asian shares were mostly higher Wednesday on the back of a strengthening dollar and quiet trading ahead of remarks by President-elect Donald Trump. Japan's benchmark Nikkei 225 rose 0.3 percent to 19,352.47. Investors are awaiting Trump's first news conference in nearly six months, as questions fly over Russia's role in the election year hacking of Democratic groups. THE QUOTE: "Except for some minor commotion here and there as risk sentiment continued to yo-yo, markets have been hushed overnight as caution takes hold, ahead of Donald Trump's" press conference, said Illka Gobius, managing director at Pinpoint.
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Source: Wochit Business - < > Embed

News video: Pound, Asian Markets Braced For Key British PM's Speech Over Brexit

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Ahead of a speech by British Prime Minister Theresa May that could have implications for broader risk sentiment, Asian stocks and the pound sagged on Tuesday. According to Reuters, media have reported that May will lay out a plan to exit the European Union. In doing so, Britain will lose access to...

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