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Japanese shares lift Asian stocks on steady yen ahead of US data barrage

Business Standard LogoBusiness Standard6h ago

Japanese shares lift Asian stocks on steady yen ahead of US data barrage - Business Standard

Quick Summary:

However, investor sentiment remained fragile, with the yen last at 147.16 per dollar on Monday, having touched a seven-month high of 141.675 last week, a far cry from the 38-year lows of 161.96 it was rooted to at the start of July.

On Wednesday, US consumer price index data for July is due and is expected to show that month-on-month inflation ticked up to 0.2 per cent.

Oil prices eased in early trading after a 3 per cent jump in the previous session as investors kept an eye on widening conflict in the Middle East that could tighten global crude supplies.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 08:43:40 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 728 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22056331

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 262 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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