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Asia shares rise, Aussie dollar surges on jobs data

Asian shares rose on Thursday as surprisingly strong Australian jobs data raised hopes for a stronger global economic recovery and pushed the Aussie and New Zealand currencies to fresh 14-month highs, while gold hit another record.

Fresh quake renews tsunami fears for Pacific

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A huge subsea quake struck the southwest Pacific on Thursday, local time, prompting a tsunami warning for island nations only a week after a deadly wave swept over the Samoa islands, killing around 150 people.
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Daily Commentary and forecasts - 07/10/2009

Investors flocked to the Aussie dollar following yesterday's surprise interest rate increase by the RBA. Despite the central bank having previously provided strong rhetoric pointing to an increase from 3% most analysts had been expecting the first increase in the cycle to come later in the year. The immediate reaction to the news saw the AUD/USD jump from 0.8750 to trade around 0.8850 within an hour and headed into offshore exchange looking to add to the gains.
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Gold sets record high above $1,040 per ounce

Gold surged to a record high above $1,040 per ounce on Tuesday, as investors piled into the metal to preserve the value of their dollar-denominated assets against erosion by a weakening dollar and inflation.
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Wall Street jumps on Australia rate hike, weak dollar

Stocks rose more than 1 percent on Tuesday on renewed hopes for a global economic recovery after the Australian central bank raised interest rates and in anticipation of the start of an improved U.S. earnings season.
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Global stocks firmer

The dollar fell broadly Tuesday while stocks rose after Australia's interest rate rise, the first in a G20 economy in more than a year, boosted confidence the global economic recovery is on track and others may follow.
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Stock futures rise after Australia rate hike

Stock futures rose on Tuesday on renewed hopes for a global economic recovery after Australia raised interest rates and in anticipation of the start of an improved earnings season.
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Dollar falls after Australia rate hike; stocks firmer

The dollar fell across the board on Tuesday while world stocks rose after Australia became the first developed economy to raise interest rates in more than a year and data showed the U.S. services sector expanded for the first time since 2008.
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Australia central bank raises rates, more expected

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.
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Australia c.bank raises rates, more expected

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.
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South Korea, India shares pare gains on Aussie rates

South Korean and Indian shares fell on Tuesday after Australia's interest rate hike showed that stronger Asian economies were starting to reverse emergency stimulus policies, hitting markets seen as likely to lift rates.
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Dollar skids on Gulf oil report, Asia shares up

The dollar skidded against the euro and the yen on Tuesday after a British newspaper reported that Arab states were in talks to end using the dollar for oil trading, but Asian shares rose as U.S. services sector data lifted investors' mood.

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