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Australia shares pare early losses, markets still nervous on Fed policy

2013-06-21 11:19:50| Automakers - Topix.net

Australian shares fell 0.4 percent on Friday on lingering worries over the U.S. Federal Reserve's plans to start reducing its stimulus later this year, but the market trimmed early losses as a lower Australian dollar buoyed stocks with large exposure to the U.S. Banks led the sell-off with Commonwealth Bank of Australia slipping 0.3 percent and ... (more)

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