Monday, 21 March 2016

ASIAN MARKET NEWS 22 MARCH 2016

Japan's Nikkei stock index added 2 percent, reopening after a public holiday on Monday and getting a tailwind from a weaker yen.

The dollar nursed losses last week after the Fed halved its outlook for interest rate increases to two from four by the end of this year and said an uncertain global outlook poses risks to the US economy. The latest round of official Fed remarks allowed the greenback to take back some of that lost ground.

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