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Monday, October 17, 2016

Asian shares dip, dollar at 7-month high after Yellen comments




MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent in early trade while Japan's Nikkei rose 0.2 percent.

Asian shares dipped on Monday while the dollar held firm near seven-month high against a basket of major currencies after comments from Federal Reserve Chair Janet Yellen boosted long-dated US bond yields.



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