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Asia stocks rise on bets of more stimulus as dollar rally fades


TOKYO (Reuters) - Asian stocks rose on Friday as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.0%. Australian shares were up 2.02%, while Japan’s Nikkei stock index rose 3.65%.

E-Mini futures for the S&P 500 rose 0.81% in Asia following three consecutive days of gains in the S&P 500 on Wall Street.

The dollar nursed losses against major currencies as central banks’ steps to solve a dollar shortage in funding ...


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