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Yen Gain to Weigh on Japan Stocks, U.S. Shares Dip: Markets Wrap
Equities in Japan are set for declines after the yen strengthened to a six-week high as traders dialed back their appetite for risky assets following an impressive start to 2018. The yen held gains against all its G-10 peers. The Canadian dollar and Mexican peso declined after Canadian officials were said to see rising odds that the Trump administration will leave Nafta. Treasuries remain in focus after a roller-coaster day Wednesday, when news broke that senior officials in Beijing have recommended slowing or halting purchases of U.S. bonds. Yields ended near their start for the day after climbing to the highest ... (full story)