Asian shares firm, betting China won't disappoint

Asian shares firm, betting China won't disappoint
 

Asian shares inched ahead on Wednesday after Wall Street got a lift from encouraging corporate earnings and investors wagered a coming barrage of Chinese data would confirm the economy had at least stabilized.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.2 percent, on top of a jump of 1.4 percent on Tuesday.
Australian shares firmed 0.3 percent, while Nikkei futures NKc1 pointed to a steady start for the cash index Nikkei .N225.
All eyes were on the Chinese gross domestic product (GDP) report due at 0200 GMT (10 p.m. EDT) . While there are some doubts... read more

 
19 October 2016 in Business, Views: 48
Source: Reuters
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