Asian shares gain, dollar slips as Omicron COVID-19 fears recede


Source: morningology.com morningology.com

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By Alun John HONG KONG (Reuters) – A global share rally continued in Asian trading on Thursday and the safe haven dollar slid as markets welcomed signs that the Omicron variant of COVID-19 might be less severe than feared, as well as robust U.S. economic data. Japan’s Nikkei gained 0.57% and MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.55%, a third successive session of gains as it recovered from a jolt on Monday when worries about the new coronavirus strain gripped markets and pushed investors to safe-haven assets like the greenback. European markets were also heading towards a...