Asian shares inched cautiously higher on Tuesday as investors wagered Australia would become the latest country in the region to inject more policy stimulus into its economy.
Liquidity was lacking with markets in Japan, South Korea and Thailand on holiday and little in the way of major economic data on the docket for Tuesday. The pivotal release of the week, US payrolls, is not until Friday.
As a result MSCI’s broadest index of Asia-Pacific shares outside Japan was up a slim 0.19 percent.
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