Aya Wagatsuma
(Bloomberg) — Asian shares rose with US and European futures as lower Treasury yields bolstered the allure of holding equities. Traders are watching for any further news around President-elect Donald Trump’s planned administration.
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MSCI’s gauge of Asian shares climbed more than 1% as benchmarks rose in Japan, Australia and South Korea. Bloomberg’s gauge of the dollar headed for a third day of losses as the so-called Trump trade that had bolstered the greenback and pushed up US yields has at least temporarily lost momentum.
Read more: https://finance.yahoo.com/news/asian-stocks-set-track-us-224654636.html?guccounter=1