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  • TOKYO/ SYDNEY, Nov 30- The dollar edged up to a fresh 8-1/ 2- month high against a basket of global currencies on Monday, while the prospect of further stimulus this week by the European Central Bank kept the euro on the defensive. "The euro has a high weighting in the dollar index, so when the euro falls, the index tends to rise," said Ayako Sera, a senior market economist with...

  • 'China sees yuan SDR inclusion as badge of honor'

    The key question is what will the Chinese yuan inclusion into the SDR basket mean for markets. CNBC's Eunice Yoon reports.

  • Draghi is likely to take action: Economist

    The ECB's main goals will be to stimulate corporate investments and alleviate fiscal pressures on the government's balance sheet, says Tony Nash, chief economist at Complete Intelligence.

  • 'Chinese yuan SDR inclusion is pretty much done deal'

    China's economic and currency outlook will depend on the rest of China's liberalization process, not just the SDR inclusion, notes Jesper Bargmann, Asian head of trading at Nordea Markets.

  • SHANGHAI, Nov 30- China's onshore yuan opened at its lowest since late August on Monday for a second trading day, as investors awaited a decision by the International Monetary Fund later in the day on whether the currency will be included in its global reserve basket. Among emerging Asian currencies, China's yuan was an exception with bearish views on the...

  • SHANGHAI/ NEW YORK, Nov 30- When the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod. By acknowledging the yuan as a major global currency alongside the dollar, euro, yen, and pound, as is widely expected, IMF members will...

  • SDR currencies only for IMF, World Bank: Economist

    Andy Xie, independent economist, explains why the Chinese yuan inclusion into the SDR basket will not significantly change China's money supply.

  • Yuan SDR inclusion is positive in the long run: UBS

    The renminbi as a global reserve currency will help to better manage China's capital outflows, says Dominic Schnider, head of commodity & APAC FX at UBS Wealth Management.

  • TOKYO, Nov 30- Asian shares were on edge on Monday after a sharp fall in Chinese markets in the previous session, while the euro hovered near seven-month high as the currency braced for the European Central Bank's monetary easing later this week. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent as South Korean stocks fell 0.9 percent.

  • What's going on with Chinese financial markets?

    Richard Titherington, CIO of emerging markets equity at JPMorgan Asset Management, says Chinese market regulators are always one step behind market developments.

  • The renminbi is not a convertible currency: Economist

    Andrew Freris, CEO of Ecognosis Advisory, gives examples that show how Chinese yuan is not actually freely tradable.

  • 'China and rest of the world will devalue their currencies'

    Steve Goldman, MD at Kapstream Capital, says China, Asia and the rest of the world will devalue their currencies against the stronger dollar.

  • China will probably devalue as dollar strengthens: BIL

    Hans Goetti, chief strategist at Banque Internationale a Luxembourg, discusses the possibility of further yuan devaluation in response to the dollar strengthening after a Fed hike.

  • NEW YORK, Nov 27- The dollar rose across the board on Friday, hitting an eight-month high against a basket of currencies as speculation the Swiss National Bank would follow the European Central Bank in cutting deposit rates further pushed major competitors lower. The euro rebounded in afternoon U.S. trading to move back above $1.06 after falling near...

  • A man walks by a euro sign light installation in Vilnius, Lithuania, on Dec. 31, 2014.

    The dollar hit an eight-month high against a basket of currencies on Friday.

  • NEW YORK, Nov 27- The dollar hit an eight-month high against a basket of currencies on Friday as speculation the Swiss National Bank could follow the European Central Bank in cutting deposit rates further pushed major competitors lower. The euro, under pressure all week from expectations the ECB will also loosen policy further to support the euro zone economy,...

  • LONDON, Nov 27- The Swiss franc sank to a five-year low against the dollar on Friday, hurt by speculation the Swiss National Bank would be forced to follow suit if official euro deposit rates are cut deeper into negative territory next week. The euro, under pressure all week from expectations the ECB will loosen policy further to enliven the euro zone economy, fell...

  • *China shares see biggest weekly drop in more than 3 months. "Miners are suffering from China and a stronger U.S. dollar outlook. There is clearly a risk that China will try and devalue the currency further, "said Ankit Gheedia, equity and derivative strategist at BNP Paribas.

  • LONDON, Nov 27- The euro held its ground above $1.06 on Friday, resisting pressure ahead of expected further cuts in euro zone interest rates next week in a session thinned out by the Thanksgiving weekend holiday in the United States. The European Central Bank is considering options including whether to stagger charges on banks hoarding cash, Reuters reported...

  • MOSCOW, Nov 27- Russia's central bank has decided to include the Chinese yuan in its foreign exchange reserves, TASS news agency reported on Friday, citing unnamed sources. A representative of the central bank declined to comment to Reuters. "We publish information about reserves with a half-year lag," the representative said.