Epic Research

Friday, October 6, 2017

Asia stocks up after tax reform optimism lifts Wall Street, dollar buoyant

Epic Research Update : Asian Markets
Asian stocks rose on Friday after optimism over US tax reform plans lifted Wall Street shares to new highs, while the dollar hovered near a seven-week peak following additional indications of solid economic growth.
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, poised for a 1.4 percent gain on the week.
Japan’s Nikkei climbed 0.3 percent, Australian stocks rose 0.7 percent and South Korea’s KOSPI advanced 0.9 percent.


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