A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Asian markets reach the half-way point of the week with a spring in their step, after surprisingly strong U.S. economic data on Tuesday put thoughts of a slowdown or recession to the back of investors' minds and spar
Asian markets reach the half-way point of the week with a spring in their step, after surprisingly strong U.S. economic data on Tuesday put thoughts of a slowdown or recession to the back of investors' minds and sparked a buying frenzy on Wall Street.
Asian exchange rates will be under the spotlight, however, with traders wary of more warnings and action from some policymakers over the speed with which their currencies are falling. Together with the central bank's stronger-than-expected trading band for the yuan, this is the strongest sign yet the authorities are growing increasingly uncomfortable with the yuan's quickening slide.
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