Cautious Fed lifts asian stocks to record high, investors eye earnings lift

Epic Research Update : Asian Markets

Global stocks scaled record highs on Friday, with Asian equities rising for the fifth straight session, as signs the Federal Reserve will pursue a gradual rate tightening path and hopes of a strong earnings season lifted appetite for risk assets.

MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.25 percent to its highest level in two years. It’s set for a 3.2 percent gain for the week.

Japan’s Nikkei added 0.2 percent, poised for a weekly rise of 1.05 percent.

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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