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Thursday, October 6, 2016

Asian shares firm after US service sector rebounds



Asian shares firmed on Thursday, encouraged by stronger US economic data and a rise in oil prices, while growing prospects of a US rate hike hit gold and the boosted the dollar to one-month highs versus the yen.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent while Japan's Nikkei gained 0.9 percent.






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