Asian stocks hold firm after Fed-inspired rally
SINGAPORE (Reuters) – Asian stocks held steady on Monday and gold, oil and copper hovered near multi-month highs, after markets rallied late last week on hopes that fresh stimulus measures from the developed world’s big central banks will support flagging growth. The dollar languished near its lowest in seven months, as the aggressive new securities-buying program announced by the Federal Reserve on Thursday tempted investors back into riskier assets such as equities and commodities. MSCI’s broadest index of Asia Pacific shares outside Japan edged up 0. . . .
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