Asian shares at three-month high, China data spurs easing hopes
TOKYO (Reuters) – Asian shares rose to a three-month high on Thursday after softer Chinese inflation and industrial output data left room for more policy easing to support growth. The new data added to growing but still guarded investor optimism that European policymakers will take decisive action to tackle the euro zone debt crisis, helping Asian equities rally for the fourth-straight day. European stocks were likely to follow Asia higher, while a 0. 2 percent gain in U. S. stock futures signaled a solid Wall Street start. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply