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Monday, 15 February 2016

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The benchmark indices climbed over 1 per cent in trade on Monday after the Chinese central bank PBoC allayed some fears over depreciating yuan by setting its fixing at a one-month high. Data across the globe was negative with preliminary figures showing Japanese economy contracting in the December quarter, while both imports and exports in China degrowing in January.


Asian shares fell for a sixth straight session on Friday as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and slowdowns in China and other emerging markets.

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