Asian shares bounce back, but rising U.S. yields pose risks - News Summed Up

Asian shares bounce back, but rising U.S. yields pose risks


A man (3rd L) looks at an electronic stock quotation board as passers-by walk past, outside a brokerage in Tokyo, Japan January 20, 2016. It kept interest rates on hold as expected.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1 percent in early trade, slowly recovering after Tuesday’s 1.4 percent fall. Japan’s Nikkei also gained, rising 1.3 percent from a four-week low hit the previous day.U.S. The Dow Jones Industrial Average was up 0.28 percent, however, most of the benchmark’s gains were driven by a 4.9 percent rise in index heavyweight Boeing following its strong earnings. crude futures gained 0.1 percent to $64.79 per barrel in early trade after gaining 7.7 percent in January, the best month for the contract since September.


Source: Egypt Today February 01, 2018 03:33 UTC



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