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Market move● Neutral for Indian equities
Dollar falls as oil cools but set for weekly gain; yen rallies
- Global Market: KOSPI drops over 2% as Samsung, SK Hynix slide on yield concerns
- Global Market: Japan’s Nikkei slips after early gains as Nasdaq futures weaken
- Chinese Stocks Hit One-Year Low as Chip, Optical Firms Slide
- Japan Could Redraw the Global Oil Map
- Currency Check: Rupee opens marginally lower against dollar; Asian peers fall
Dollar gains as US yields and rate bets rise
A firm dollar and rising US Treasury yields, supported by strong manufacturing data and expectations of further rate increases, pressured other currencies. The Indonesian rupiah was on track for its steepest weekly fall since May.
Friday, 25 September
- Dollar falls as oil cools but set for weekly gain; yen rallies