Asian markets mostly up, dollar sinks on stimulus pledges

Asian markets mostly up, dollar sinks on stimulus pledges

Energy Daily

Published

Hong Kong (AFP) March 27, 2020

Asian equities mostly rose and the dollar extended losses Friday, with traders buoyed by government and central bank pledges to prop up the global economy as the coronavirus sends countries into lockdown. Despite the painful toll the disease is inflicting on lives and economies, markets are on course to end the week with healthy gains following a barrage of stimulus and monetary easing.

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