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What is Asian Markets Update: Currency Trends about?
- Asian currencies were generally firmer on Monday despite weaker manufacturing data from China and elsewhere in Asia. Risk appetite increased after strong bank earnings in Europe. - SGD surged against the USD after the positive bank earnings reports. Asian stock markets also rose, with the exception of the Jakarta Composite Index which declined. - Manufacturing activity slowed in Taiwan, South Korea and parts of Asia according to various purchasing manager indices, although India
- Author
- Miir Viir
- Language
- EN