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Asia shares hit record peak but trade protectionist fears cast shadow [Reuters]

SUMITOMO MITSUI FINANCIAL (SMFG)  More Company Research Source: Reuters
PDF Asia shares hit record peak but trade protectionist fears cast shadow | Reuters 5 Min Read TOKYO (Reuters) - Asian stocks hit a record high on Thursday though concerns about the Trump administration’s protectionist stance tempered enthusiasm in financial markets, while the dollar struggled after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency. European shares are expected to tick up slightly, with spread-betters seeing a small rise of 0.1 percent in Britain’s FTSE, Germany’s DAX and France’s Cac. MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.3 percent to an all-time peak for the ninth session in a row. Japan’s Nikkei fell 1.1 percent, hit by the dollar’s decline against the yen. MSCI ACWI, the index provider’s broadest gauge of the world’s stock markets, boosted its gains for the month to 6.6 percent. It had registered declines only on two days this year amid optimism over an extended growth spurt in the global economy and solid earnings. A Re [Read more]

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