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Currency

Asian shares wobble as China halts trade talks with US; oil rallies

Updated : September 24, 2018 08:28 AM IST

US stock futures were a touch weaker while MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent.
Most of the action was in currencies as financial markets in major Asian centers Japan, China and South Korea were closed for a holiday.
The Japanese yen, which sees fund inflows during times of crisis, ticked up to 112.5 per dollar from a recent two-month trough while the trade-sensitive Australian dollar slipped from a 3-1/2 week top to $0.7274.

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