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Asia-Pacific stocks mostly up; private survey shows China’s services activity growth slowed sharply in January

Overnight stateside, the Dow Jones Industrial Standard in the main soared 475.57 points to close at 30,687.48 — its best daily performance since November. The S&P 500 rose 1.4% to closing its trading day at 3,826.31 while the Nasdaq Composite gained 1.6% to close at 13,612.78.

Currencies and oil

The U.S. dollar index, which scents the greenback against a basket of its peers, was at 91.049 following its rise from levels below 90.8 earlier this week.

The Japanese yen traded at 105.02 per dollar, mollify weaker than levels below 104 against the greenback seen last week. The Australian dollar varied hands at $0.7612, off levels above $0.762 seen yesterday.

Oil prices were higher in the afternoon of Asia swop hours, with international benchmark Brent crude futures up 0.5% to $57.75 per barrel. U.S. crude futures gained 0.46% to $55.01 per barrel.

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