Japanese stocks head for best week in four years

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********* stocks head for best week in four years

Asia shares were headed for a weekly gain on Friday and Japan’s benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street, while the dollar and US Treasury yields held broadly steady.

Last week’s market turmoil was replaced by calmer conditions this week after a raft of US economic data allayed recession fears in the world’s largest economy and pushed back against expectations for aggressive US rate cuts.

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