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Stocks, currencies, Japanese yen, economic data

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Tokyo Stock Exchange (TSE) operated by Japan Exchange Group Inc. (JPX) in Tokyo, Thursday, October 29, 2020.

Kiyoshi Ota | Bloomberg | Bloomberg | Getty Images

Asia-Pacific stocks rose on Monday after US stocks surged Friday. Wall Street Journal report Some Fed officials worry that policy will be too tight.

in Australia, S&P/ASX 200 2% higher.of Kospi South Korea rose 1.46%, while the Kosdaq rose 2.05%.

Japanese Nikkei 225 was up 1.14% and Topix was up 0.82%. MSCI’s broadest index of non-Japanese Asia-Pacific equities rose 0.7%.

Japanese authorities reportedly intervened in the foreign exchange market on Friday. cause Circle strengthen sharply. But the currency continued to seesaw. In Asia on Monday, the currency rose briefly to the 145 level, but last he was at $148.27.

On Friday, the US Dow Jones Industrial Average rose 748.97 points (2.47%) to close at 31,082.56. The S&P 500 was up 2.37% at 3,752.75. Nasdaq Composite rose 2.31% to 10,859.72.

As the 20th National Congress of the Communist Party of China closed over the weekend, supporters of President Xi Jinping core leadership group.

Markets in Singapore, Malaysia and India were closed on Monday for a public holiday. Later this week, the Bank of Japan will meet and Singapore and Australia will release inflation data.

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