Asian markets hit new two-year high on forecasts of stimulatory fiscal policies
MSCI’s broadest index of Asia-Pacific shares outside Japan rises while Tokyo’s Nikkei rallies
31 August 2020 - 07:27
Sydney — Asian shares notched a fresh two-year high on Monday as investors wagered monetary and fiscal policies globally will stay super stimulatory for a long time, keeping the safe-haven dollar on the defensive.
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2% to reach its highest since June 2018, extending a 2.8% rise last week...
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