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Free stock tips : Today, asian shares rose, expanding an this month rally, as investors hunted for bargains in industrials and basic materials, fueled by a re unite in commodities while the dollar struggled as hopes of a Fed rate increase current year grew even dimmer.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per-cent, extending an impressive 11 per-cent rise current month as investors unwound some of their long U.S.(United States) dollar & short commodities & growing markets trades.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per-cent, extending an impressive 11 per-cent rise current month as investors unwound some of their long U.S.(United States) dollar & short commodities & growing markets trades.
The euro was up about 0.1 per-cent at $1.13720, consolidating recent gains, while the Japanese yen held within recent broad trading ranges carved in against to the greenback.
In commodities, oil prices added recent gains on Monday after U.S. drillers cut oil rigs for 6 straight weeks, while traders are waiting for data of china trade.
U.S. West Texas Intermediate crude futures were trading at $49.93 per barrel, up 0.6 per-cent. Brent futures were up 0.4 per-cent at $52.84 a barrel.
Industrial metals such as copper & zinc got some much needed respite, posting impressive gains last week.
In commodities, oil prices added recent gains on Monday after U.S. drillers cut oil rigs for 6 straight weeks, while traders are waiting for data of china trade.
U.S. West Texas Intermediate crude futures were trading at $49.93 per barrel, up 0.6 per-cent. Brent futures were up 0.4 per-cent at $52.84 a barrel.
Industrial metals such as copper & zinc got some much needed respite, posting impressive gains last week.
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