The Traderszone Network

Published in TZ Latest News 15 April, 2015 by The TZ Newswire Staff

Asia stocks follow global surge, dollar on defensive

Most Asian share markets took cues from a global surge in equities and rose on Thursday, while weak U.S. economic data sent the dollar lower. Lackluster economic indicators have been kind to risk assets this week, with Wednesday’s weak Chinese data further boosting expectations of monetary stimulus by Beijing while soft U.S. data have also helped by dampening prospects of an early rate hike by the Federal Reserve. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 1.1 percent.

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