Tuesday, 8 August 2017

Stocks, Commodities Buoyed By Growth Optimism, China Trade Data Awaited

Asian shares neared decade peaks on Tuesday thanks to optimism on the global economy and a rash of records on Wall Street, while major currencies were becalmed ahead of Chinese trade data.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent and to within a whisker of its recent high.

South Korea's market rose 0.4 percent while in Japan, the broad TOPIX held near its highest in two years and the Nikkei was flat.

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