Asia stocks ride global momentum, dollar up on June Fed rate hike bets

Asian Market 1

Asian stocks followed global indexes higher on Wednesday, as strong earnings and manufacturing data boosted risk appetite, while expectations that the Federal Reserve will signal a June rate increase later in the session lifted the dollar.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1 percent early on Wednesday, within a hair of a near-two-year high hit on Tuesday.

Hong Kong and South Korea are closed for the Buddha’s birthday, and Japan is shut for the rest of the week for the Golden Week holiday.

For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Facebook Twitter YouTube Pinterest Linkedin Google+

You may also like:

Sensex, Nifty hold morning gains; Ambuja Cements, ACC rally' width= Sensex extends losses, Nifty around 9300; ITC, Airtel fall' width=
Sensex, Nifty hold morning gains; Ambuja Cements, ACC rally Sensex extends losses, Nifty around 9300; ITC, Airtel fall
Share Button

About the Author

Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300