Hope for US stimulus boosts Asian shares
Yuan reaches strongest level against the dollar in more than two years on growing optimism about Chinese economy
21 October 2020 - 07:18
Tokyo/New York — Asian shares and US stock futures rose on Wednesday as the renewed hope for a new round of US stimulus drew money into equities from government debt.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.56%. Australian stocks edged up by 0.1%, while shares in China rose 0.07%. Tokyo shares gained 0.4%. US stock futures also rose 0.44%...
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