Higher revenues and profits at Apple helped trigger fresh buying in Tokyo as a range of Japanese companies supply components for the California-based company's smartphone and other devices. New York's blue-chip index reached new highs on strong US earnings, but US economic data was mixed. US data mixedA key measure of US inflation was flat in June for the second straight month, while the annual rate declined. "The US political crater and lack of fiscal stimulus from Washington will continue to be the primary catalyst for dollar declines," Innes added. "If we don't get a really positive inventory report this week, the market is vulnerable to a nice little turnaround," he said.

Source: The Nation Bangkok August 02, 2017 03:22 UTC