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Published on Monday, March 5, 2012

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Asia Daily Flash: 6 March 2012

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Summary

The retracement in Asian equity markets continued for a second straight day, led by declines of -2% in Hong Kong and Singapore. Currencies were also weaker, and the Australia dollar declined after the RBA held interest rates unchanged, but issued a less hawkish statement on the future course of interest rates than expected.

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