Asian shares rise as investors eye effect of sell-off in US Treasuries on dollar
Chinese blue chips lead the way with gains of 2%, with central bank providing more medium-term loans
17 August 2020 - 07:52
Sydney — Asian shares firmed towards recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated US Treasuries would extend and maybe take some pressure off the beleaguered dollar.
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5% to 565.74, moving nearer to the January top of 574.52...
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