Ahead of today OPEC meeting crude oil extended declines.
Asian stocks had a setback after recent strong gains, the MSCI was down 0.2
percent and Japan’s NIKKEI dropped close to 1 percent pressured by a stronger
yen. The Australian stocks retreated 1percent in the early session yesterday, Hang
Seng added 0.4 percent.
The dollar index remained subdued Monday after touching 93.824 in early trading, its lowest level in the last 12 months. The greenback continued to slide against the yen as markets are now waiting for the Federal Reserve meeting on Tuesday and Wednesday.
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The dollar index remained subdued Monday after touching 93.824 in early trading, its lowest level in the last 12 months. The greenback continued to slide against the yen as markets are now waiting for the Federal Reserve meeting on Tuesday and Wednesday.
Read more on site! goo.gl/yVkm75
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