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Asian Market Update

Friday, 13 March 2015


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Asian markets mostly rose Friday following a surge on Wall Street after unexpectedly weak US data tempered talk of an interest rate hike by summer.

Despite the easing rate expectations, the dollar maintained its strength against the yen and euro after retreating slightly from multi-year highs Thursday.

Tokyo jumped 1.08 per cent, Hong Kong added 0.11 per cent, Seoul gained 0.88 per cent and Shanghai put on 0.30 per cent but Sydney eased 0.62 per cent.

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