Wednesday 11 October 2017

Asian shares gain as Wall Street hits record, Catalan fears ease

Epic Research Update : Asian Markets
Asian shares rose on Wednesday, tracking Wall Street’s rally to all-time highs, while the euro hovered near a 10-day peak after Catalonia’s leader talked down immediate plans to secede from Spain, easing near-term concerns about euro zone instability.
MSCI’s broadest index of Asia-Pacific shares outside Japan nudged 0.24 percent higher to test a recent decade peak of 545.56.
Australian stocks jumped 0.6 percent to one-month highs and New Zealand’s index climbed to a record. South Korea’s KOSPI added 0.3 percent to a 2-1/2 month peak.
Japan’s Nikkei was a touch softer at 20,807.39.

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