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Friday, December 30, 2016

Asia stocks, dollar subdued on last trading day of 2016

Asian Market 1
Asian stocks and the dollar were off to a subdued start on Friday as investors took profits on the last trading day of 2016, while the euro briefly spiked in thin trade.
The euro jumped as much as 2 percent early on Friday, its biggest intraday gain since November 8, before settling back down to trade 0.6 percent higher at USD 1.0559.
Japan’s Nikkei retreated 0.7 percent on a stronger yen, on track for a 0.1 percent loss in 2016. That is its worst in five years, with the yen’s 22 percent surge in the first half of the year slamming the index.

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