Asian shares track US, European gains, dollar hovers near seven-week high

Asian shares climbed on Tuesday, following positive leads from Europe and the US as oil’s longest stretch of daily price gains in over five years lifted energy shares and investor rotation out of technology into financials continued.

MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent while Japan’s Nikkei jumped 0.5 percent, thanks to a weaker yen.

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Posted in: Indian Market Tips