Asia Steady After Rebound in Oil; Dollar Wobbly vs Yen

Asian stocks were steady in quiet trade on Monday, drawing heart after a rebound in crude oil that took prices away from multi-year lows. 

Investors across asset markets were without some of the usual leads as markets in Europe and North America were closed on Friday for Christmas. 

MSCI's broadest index of Asia-Pacific shares outside Japan was flat. 

The index was on track for an 11 percent loss this year. Japan's Nikkei was also up 0.1 percent. 

The Nikkei, lifted in part by Japanese Prime Minister Shinzo Abe's reflationary policies, was headed for its fourth straight year of gains.

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