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Monday, August 01, 2016

Asian shares edge up as soft US GDP cuts Fed rate hike bets

Epic Research Update : Asian Markets


Asian shares ticked up slightly on Monday after disappointing US economic growth data reduced expectations of a rate hike by the US Federal Reserve in the next few months.
Japan’s Nikkei fell 1.5 percent as the yen had soared after the Bank of Japan’s stimulus plans underwhelmed investors.
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