Japan’s Nikkei climbed 1.1 percent, despite data showing the country’s recovery from its worst postwar recession slowed in the fourth quarter. Australia’s benchmark index added 0.9 percent while E-mini futures for the S&P 500 were up 0.3 percent in early Asian trading. “In our view, as long as the rise (in inflation) is gradual, equity markets can continue to do well. However, unruly moves would certainly hurt investor sentiment,” said Esty Dwek, head of global market strategy, Natixis Investment Managers Solutions. Bitcoin was barely changed in early Asian trading at $47,994, below a record high of $49,714.66.

Source: Ethiopian News February 15, 2021 08:03 UTC