New Zealand Terms of Trade Index came in at -2%, below expectations (0%) in 4Q

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Feb 29, 2016

Nikkei probable downward continuation - FXStreet

The Japanese main benchmark, the Nikkei 225, lost 1.00% or 160 points, to end at 16.026.76 as the yen strengthened following a sharp decline in Asian shares which spurred risk-averse trading. Tokyo shares started the day with a positive tone, but pared gains after Shanghai stocks lost ground and the PBoC weakened the Yuan's daily reference rate against the dollar.

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Feb 29, 2016

DAX holds neutral stance in the short-term

Stocks in Europe ended the day generally higher, supported by a recovery in oil prices, which lead energy-related shares higher. Nevertheless, the German DAX closed 17 points lower at 9,495.40, weighed by poor European data, and diminishing optimism among investors, after G20 policymakers failed to come up with new measures to fight the ongoing economic slowdown.

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