Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of more Chinese stimulus helped calm nerves, while tensions in the oil market grew ahead of an OPEC meeting that could expand the supply of crude. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, while Japan’s Nikkei added 0.7 percent. Australia’s main index had another strong day, rising 1 percent on fund manager demand before the end of the local financial year next week. Futures for the S&P 500 added 0.4 percent as investors waited for new developments on global trade. After a hesitant start, Chinese markets moved into positive territory as Shanghai blue chips rose 0.6 percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774Wednesday, 20 June 2018
Asian Shares Edge Ahead, Oil Subdued Before OPEC Meeting
Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of more Chinese stimulus helped calm nerves, while tensions in the oil market grew ahead of an OPEC meeting that could expand the supply of crude. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, while Japan’s Nikkei added 0.7 percent. Australia’s main index had another strong day, rising 1 percent on fund manager demand before the end of the local financial year next week. Futures for the S&P 500 added 0.4 percent as investors waited for new developments on global trade. After a hesitant start, Chinese markets moved into positive territory as Shanghai blue chips rose 0.6 percent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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