The Traderszone Network

Published in TZ Latest News 23 July, 2014 by The TZ Newswire Staff

Asia shares supported by upbeat China factory survey

Asian stock markets edged broadly higher on Thursday and the Australian dollar jumped after a surprisingly strong reading on Chinese manufacturing bolstered hopes for recovery in the world’s second-biggest economy. Japan’s Nikkei added 0.2 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent. “Emerging markets continue to be main benefactor from the mix of low volatility, improving global growth and supportive central banks,” said analysts at Barclays in a note.