Wednesday, 16 November 2016

Asia shares win reprieve as bond rout pauses for now

Asian Market 1
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade on Wednesday, bouncing back from a four-month low touched the previous day.


Asian shares won the reprieve from a rally in Wall Street shares as the sell-off in global bonds and sharp gains in the dollar paused for now.


Japan’s Nikkei rose 1.0 percent to nine-month high thanks to the fall in the yen against the dollar.


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