046, not far from the nine-month peak of 97..The Australian dollar stood nearly flat at $0. The euro was steady at $1.The dollar index, a gauge of the greenback’s strength against a basket of key currencies, stood at 97.MSCI’s broadest index of Asia-Pacific shares outside Japan .2 per cent, putting some distance between a nine-month high struck late last week.”That leaves the Federal Reserve and the Bank of Canada as the lone soldiers standing ground on steady policy. We haven’t seen significant strength in the Canadian dollar, partly because oil prices have been falling but the U.”U.S crude CLc1 was little changed at $44.1 percent on Tuesday, when it was dragged down by a New Zealand dollar weakened by growing speculation that the country’s central bank it will cut rates in August.
Japan’s Nikkei fell 0.MIAPJ0000PUS fell 0.”The U.MIAPJ0000PUS fell 0.The S&P 500 pulled back from record highs on Tuesday, while the Dow industrials edged up for an eighth straight day of gains, as investors pondered mixed earnings reports.South Korea’s Kospi lost 0.Elsewhere in commodities, nickel stood near 10-month highs amid persistent concerns over a Philippines mining crackdown and zinc was also on a bullish footing after hitting a 14-month peak on concerns over falling mine output.S.3 per cent and Australian shares were flat.5 per cent, on track to snap a six-day winning streak. dollar is seeing nice momentum.1000.67 a barrel after falling more than 1 per cent for a second day in a row on Tuesday, as a rallying dollar and a global fuel glut offset forecasts for lower U.7503 after falling 1.S.
Tokyo: Asian stocks stepped back early on Wednesday after a record run on Wall Street showed signs of petering out, while the dollar hovered near a four-month high against a basket of currencies.The dollar traded at 106.1012 after slipping to a three-week trough of $1.16 yen after touching a one-month high of 106.148 scaled overnight.S. dollar is proving to be a big winner in a period when central banks around the world are talking about easing,” wrote Kathy Lien, managing director of FX strategy for BK Asset Management.53 overnight.2 per cent.MSCI’s broadest index blown film extruder manufacturers of Asia-Pacific shares outside Japan . crude stockpiles that typically would have been bullish for the market
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