Day: March 1, 2019

Mar 01
Asian Markets rose on Friday; MSCI speeds up boost to China

Asian markets rose on Friday, driven by a rally in Chinese markets after index publisher MSCI announced it would boost the proportion of mainland shares in its global benchmarks, while strong U.S. economic data helped the dollar higher. Asian markets South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan up more than 0.3 […]

Mar 01
The dollar hovered near a 10-week high against the yen

The dollar hovered near a 10-week high against the yen on Friday, thanks to a surge in Treasury yields after U.S. gross domestic product data topped expectations. U.S dollar was slightly higher at 111.445 yen and within striking distance of 111.495. It’s since Dec. 20 brushed overnight. The dollar index against a basket of six major currencies […]