Asian shares near one-year high, dollar slips after soft US data

Asian shares near one-year high, dollar slips after soft US data Asian shares held near one-year highs on Wednesday as investors pared expectations slightly for a Federal Reserve interest rate increase following weak US productivity data, which drove the dollar and Treasury yields lower.
MSCI’s broadest index of Asia-Pacific shares excluding Japan rose 0.1 percent, staying near a one-year high hit the previous day. Japan’s Nikkei fell 0.6 percent on the yen’s gains.


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