Singapore, May 7 (BNA): Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while a weaker yen and a small dip in the Australian dollar kept the dollar steady.
MSCI’s broadest index of Asia-Pacific shares outside Japan, opens new tab was up 0.3%. Japan’s Nikkei, opens new tab rose 1.3%, Reuters reported.
FTSE futures were up 1% pointing to a positive return from a market holiday. European futures rose 0.3% and S&P 500 futures were flat.
M.I.
#Asia #shares #rise #rate #cut #bets
Source link