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SYDNEY--Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday's Asian session on expectations the Federal Reserve will stick to its tightening path. The cryptocurrency has skyrocketed to a record high this year, making a gravity-defying fold gain since the start of the year and attracting institutional interest.
The surge has also led to fears of a bubble. Bitcoin prices were up 5. Japan's Nikkei added 0. Chinese shares opened firm following solid trade data on Friday, with the blue-chip CSI index up 0. Hong Kong's Hang Seng index gained 0. China's exports and imports accelerated last month after slowing in October in an encouraging sign for the world's second-biggest economy.
Currency market investors were cautious ahead of a big week for policy meetings globally, with the Federal Reserve the only major central bank expected to raise interest rates.
The dollar rose to near one-month top against the yen, having risen 1. The dollar index, which measures the greenback against a basket of currencies, was steady near a three-week high. Traders will keep their eyes peeled for the Fed's future rate projections as U. Data out on Friday showed average hourly earnings in the United States nudged up 5 cents or 0. The annual increase in wages was also slower than forecast: The weakness persisted despite stronger-than-expected non-farm payrolls which rose by , in November.
Elsewhere, oil prices slipped with U. Trumps seeks 'very meaningful' summit in Singapore with N. Summit set, detainees free; Trump sees NKorea 'big success' very special moment. Exhibit honoring Kasuga Taisha shrine now on show in Nara. This page takes a closer look at wasabi Japanese horseradish , a condiment originating in Japan that has influenced food culture around the world. The page features videos of variety of animals. You can view the videos as interactive images that allows you to pan and zoom in to them.
The Asahi Shimbun has recorded the entire picture of the Tsukiji fish market before its relocation to the Toyosu district, and also introduces a variety of sushi. No reproduction or republication without written permission.
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