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Stocks edge up but set for weekly drop on US election nerves; crude oil rises

GLOBAL MARKETS-Stocks edge up but set for weekly drop on US election nerves; crude oil rises S&P 500, Nasdaq advance Crude prices gain 2% Dollar index rises Benchmark 10-year yields edge higher Gold prices flat Updates prices throughout, adds paragraphs 9-14 By Chibuike Oguh NEW YORK, Oct 25 (Reuters) - Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S.
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Dollar edges lower after data as recent rally stalls

FOREX-Dollar edges lower after data as recent rally stalls U.S. business spending plans exceed expectations German business sentiment improves, ECB inflation target on track Japanese yen strengthens ahead of BOJ meeting, election Updated at 10:45 a.m. ET/1445 GMT By Chuck Mikolajczak NEW YORK, Oct 25 (Reuters) - The dollar slipped for a second straight session, as a recent ascent lost steam, but the greenback was still on track for a fourth straight week of gains after data this week kept intere
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USD/JPY options see prices swinging after weekend elections

BUZZ-COMMENT- USD/JPY options see prices swinging after weekend elections Buckle your seatbelts, USD/JPY traders, because the options market is flashing signs of turbulence on Monday following weekend elections in Japan. The currency pair has been orbiting the historically-significant pivot level of 152, with the options market pointing toward substantial risks attached to the election results given recent polling that the LDP may lose power.
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Stocks edge higher but set weekly decline on US election nerves; crude oil rises

GLOBAL MARKETS-Stocks edge higher but set weekly decline on US election nerves; crude oil rises Rewrites with U.S. market open, adds fresh analyst quote By Chibuike Oguh NEW YORK, Oct 25 (Reuters) - Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S. election jitters, while oil prices rose, buoyed by Middle East tensions.
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IMF sees weak yen beneficial for Japan's economy, urges gradual rate hikes

IMF sees weak yen beneficial for Japan's economy, urges gradual rate hikes By Leika Kihara WASHINGTON, Oct 25 (Reuters) - A weak yen is beneficial for Japan's economy as the boost to exports exceeds the increase in cost of imports, the International Monetary Fund's Japan mission chief Nada Choueiri told Reuters on Friday. "Japan is a very outward-oriented economy, and a very open economy," which means on a net basis, the benefit from rising exports from a weak yen exceeds the rising costs in imp
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