The euro was holding near two-year lows although the common currency could see a rebound if European Central Bank chief Mario Draghi scales back his readiness for more stimulus given reports of internal opposition to quantitative easing. "I think it will be difficult for the ECB to adopt new measures now so the baseline scenario would be that Draghi will drop some hints of possible easing in the future," said Ayako Sera, senior market economist at Sumitomo Mitsui Trust Bank. Japan's Nikkei share average (.N225) rose 0.4 percent while MSCI's broadest index of Asia-Pacific shares outside Japan was little changed in early trade.
via Business News http://ift.tt/1vM2uig
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