The Traderszone Network

Published in TZ Latest News 5 May, 2014 by The TZ Newswire Staff

Asia shares ride Wall Street gains, Europe seen up too

Asian share markets shuffled higher on Tuesday after promising U.S. economic news helped Wall Street to a firmer finish, though activity was again light with Tokyo still on holiday. Stock markets in India (.BSESN) and China (.SSEC) led the way with modest gains, while MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent. The Australian central bank’s policy meeting was the only notable economic event in Asia, and the Reserve Bank of Australia (RBA) kept the cash rate at a record low of 2.5 percent, just as markets had priced in.

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