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Home » GLOBAL MARKETS-Asia shares edge up, Japan cautions on yen weakness

GLOBAL MARKETS-Asia shares edge up, Japan cautions on yen weakness

    Asian shares inched higher on Monday as investors hoped U.S. inflation data this week would not derail the outlook for lower interest rates, while the risk of currency intervention from Japan stalled the yen's decline for the moment. The U.S. core personal consumption expenditure (PCE) price index is seen rising 0.3% in February, which would keep the annual pace at 2.8%.

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