The Traderszone Network

Published in TZ Latest News 28 May, 2014 by The TZ Newswire Staff

Asian shares consolidate gains, bonds fly high

Asian shares consolidated their recent gains on Thursday while global bond prices surged, pushing their yields to multi-month lows, both supported by expectations of easy monetary policy. MSCI’s broadest index of Asia-Pacific shares outside Japan stood flat near one-year high hit on Wednesday, while Japan’s Nikkei share average (.N225) shed 0.5 percent after gains after five straight days of gains. The data reinforced expectations that the European Central Bank will introduce further stimulus at next month’s meeting.

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