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via business-standard.comMarkets

Asian shares slip as tech rout boosts bonds, dents rate hike bets

FROM THE WIRE · BUSINESS-STANDARD.COM

MSCI's broadest index of Asia-Pacific shares excluding Japan fell 0.3% on Friday, bringing its weekly loss to 2.7% and marking a fourth straight week in the red

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe Asian tech sell-off shifts rate expectations and supports government bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01MSCI's Asia-Pacific ex-Japan index fell 0.3% on Friday.
  2. 02The weekly loss is 2.7%, marking a fourth straight negative week.
  3. 03The tech rout boosted bonds and reduced bets on rate hikes.

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