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FOREX-Dollar gains on rate remarks by Fed's Fischer, positive U.S. data

NEW YORK, Aug 28- The dollar rose to one-week highs on Friday, for a fourth straight session of gains, on rate-hike remarks by a senior Fed official and generally positive U.S. data that supported the notion the world's largest economy was on a stable growth path. The index extended gains after Federal Reserve Vice Chair Stanley Fischer said the U.S. central bank...
Source: Reuters | By: Gertrude Chavez-Dreyfuss
Dollar extends gains amid Fed Fischer remarks

The dollar extended gains on Friday after Fischer said it's too early to tell whether or not a rate hike in September is more or less compelling.
Source: Reuters
Brace for QT, quantitative tightening, as China leads FX reserves purge

But a counter flow- call it "quantitative tightening"- is gathering force as China sells foreign exchange reserves to protect its economy and markets from the recent surge of capital out of the country. Analysts at Citi estimate that global FX reserves have been depleted at an average pace of $59 billion a month in the past year or so, and closer to $100 billion over...
Source: Reuters | By: Jamie McGeever
European markets close: Euro zone confidence index rises  

CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro zone confidence rising to a fresh 4-year high.
Source: CNBC.com
Bet on more pain for China: Trader  

Technical analyst Todd Gordon explains why the rally in Chinese stocks could be short-lived.
Source: CNBC.com
FOREX-Dollar rises on return of calm in markets, U.S. data

*Dollar index on track for largest weekly gain in a month. NEW YORK, Aug 28- The dollar gained for a fourth straight session on Friday, buoyed by calmer financial markets and generally positive U.S. data that supported the notion that the world's largest economy was on a stable growth path. "Overall, markets are finally starting to calm down and the economic data is...
Source: Reuters | By: Gertrude Chavez-Dreyfuss
1MDB sparks political crisis, protests in Malaysia

CNBC looks at what the 1MDB scandal means for the outlook for the ringgit, the economy and the country's political landscape.
Source: CNBC.com | By: Harpreet Bhal, CNBC Assistant Producer
Havas CEO: We are gaining market share in China

Yannick Bollore, CEO of French advertising agency, Havas, has said the group is seeing strong demand in China.
Source: CNBC.com | By: Jenny Cosgrave
Is China stronger than it appears?  

I think the chances of a financial crisis are low, says Nicholas Lardy, Peterson Institute, explaining why he thinks China fears are overblown.
Source: CNBC.com
China dumping Treasurys? Here's what you must know

Despite gloomy predictions, analysts have struck a fairly sanguine tone over China's acceleration in the selling of its U.S debt reserves.
Source: CNBC.com | By: Matt Clinch