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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Asian Stocks Drop after JPY Haven Demand Surge

February, 07 2017
watermark Economic news

Asian equities experienced a decline following a JPY rally after the demand for the safe haven currency increased following various concerns surrounding political events worldwide. The Japanese Topix index decreased after a three-day high as the JPY recorded its highest value since November 2016 last Monday. This recent rally in equities caused by Trump’s policies have started to weaken as most investors are now worried with how the Trump administration plans to balance out its proposed tax cuts and added spending with its protectionist stance on international trade. Adding to risk are some EU countries where anti-establishment organizations are now gaining fuel prior to their respective national elections.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.