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Yuan hits 2-1/2 year high on China inflows
Japan’s Nikkei 225 index leapt 1.3%, Australia’s S&P ASX 200 added 0.7% and Hong Kong’s Hang Seng index outperformed, jumping 1.9%. Regionally, the MSCI Asia Pacific index advanced 0.81%. Bitcoin was trading at $49,323.56 in the Asian afternoon trading session, slightly below its record high of $49,715 hit on Sunday. “The outlook for the US domestic economy is brightening. The worst of the latest surge in COVID-19 infections is behind us while the rollout of vaccines is gathering pace,” said BCA Research economists in a note. “This improvement is being registered in the counter cyclical DXY (dollar ... (full story)