Tuesday, 10 January 2017

Asian shares at two-month high ahead of Trump news conference

Asian Market 1
Asian shares at two-month high ahead of Trump news conference Asian shares stood near two-month highs on Wednesday as investors looked to President-elect Donald Trump’s news conference later in the day for any clues to his policies on tax, fiscal spending, international trade and currencies.

MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed in early Wednesday trade.

It stood at its two-month highs, essentially coming back to where it was just before the US election after recovering from their losses of over five percent.

Japan’s Nikkei ticked up 0.2 percent.

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