1118 GMT February 24, 2021
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Asian markets fluctuated Tuesday, with growing optimism that the rollout of vaccines will allow the global economy to get back on track offset by niggling worries that the recovery will fan inflation and lead to a hike in interest rates.
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Most markets fell in Asia on Wednesday, hit by profit-taking after a strong rally across the world in recent weeks, with investors worried valuations may have gone too far for now.
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Asian shares mostly rose Monday, echoing the rally on Wall Street last week, with Japan’s benchmark momentarily reaching three-decade highs on growing optimism over the global economy.
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By David Brooks*
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China’s yuan climbed to the strongest level in more than two years, fueled by optimism on the country’s economic recovery and its interest-rate premium over the rest of the world.
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Gold prices fell on Friday as optimism over initial plans to reopen the US economy lifted risk appetite, but heightened worries over the worst recession in decades kept bullion on track for its second straight weekly rise.
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Individuals with higher levels of optimism are more likely to live longer compared to pessimistic people, reaching the age of 85 or older. This finding is a result of a 30-year-old study published in the journal Proceedings of the National Academy of Sciences (PNAS).
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Gold prices eased on Monday as optimism grew about US-China trade ties following a report of "constructive talks" over the weekend, while losses were capped by a softer dollar.
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Mayors, governors, entrepreneurs, CEOs, investors and celebrities delivered a double-edged message on Friday at the close of a climate summit in San Francisco: Global warming is making the planet unlivable — but we know how to fix it.
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To get a sense of the newfound resilience of the eurozone economy, consider the case of Jean-Emmanuel Rodocanachi, who runs a chain of French nurseries that made acquisitions last year in Germany and the UK.
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A political analyst expressed optimism that Iran and the P5+1 group of world powers will sign a final nuclear deal before the November 24 deadline.
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President Hassan Rouhani expressed optimism on Saturday about the positive economic growth rate since mid-March.
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