Asian shares rose early on Friday after Wall Street set another record high with prospects for a Federal Reserve rate hike in June all but quashed, while the dollar steadied after losing ground to the euro for the first time this week on downbeat US data.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2% with South Korean and Australian shares edging higher.
Tokyo’s Nikkei was little changed, hovering at a 15-year high. Japanese stocks have been boosted this week by data showing stronger-than-expected first quarter growth.
The Bank of Japan concludes its two-day policy meeting later in the session and while …read more
Source: Daily News & Analysis
