(European Open) – Financials, basic materials on the rise in Europe; Japanese indexes at multi-year highs ahead of elections

Financials, basic materials In Asian markets, the Nikkei 225 and the broader Japanese index, the Topix, finished the day marginally higher, closing at their highest since October 1996 and July 2007 respectively. Hong Kong’s Hang Seng added 1.2% after yesterday’s sell-off and the Shanghai Composite rose by 0.3%. Australia’s S&P/ASX 200 advanced 0.2%.Japan will be
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European stocks head higher At 1355 GMT, a few minutes after US stock markets opened for the trading day, most major European benchmarks were looking set to finish this week’s last trading day on a positive note. The pan-European Stoxx 600 was higher by 0.25% on the day, though it was lower by 0.3% on
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Dollar faces tailwinds  The approval of a budget blueprint for the 2018 fiscal year, drove the dollar higher against its major counterparts on Friday in Asia, while the kiwi extended its losses in the face of economic uncertainties which might emerge under the new coalition government.Trump’s tax plan, which promises substantial tax cuts to businesses and individuals, is ready to move to
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Yen weakens   As markets head into the weekend, investors during the European session were concentrated on political developments in Spain as well as on Brexit negotiations. Japanese snap elections would be also in focus on Sunday with the yen showing some weakness on Friday. However, the loonie was the worst performer out of majors today after retail sales and inflation figures came in worse
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Ethereum Price Forecast  ETH prices held steady on Friday morning, which is a miracle considering how quickly prices fell earlier in the week. There was a steep crash on Tuesday and Wednesday, followed a small bump on Thursday, concluded by a pause on Friday. Daily Ethereum Price Forecast – ETH Poised for 29% Upside After
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