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Global Markets: Asian shares rise as investors await Yellen testimony

Reuters  |  TOKYO 

By Lisa TwaroniteTOKYO (Reuters) - Asian shares extended gains on Tuesday and the dollar notched a four-month high against the yen, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten U.S. monetary policy. In Europe, futures for the Eurostoxx 50 and the DAX were both up 0.3 percent, while the FTSE was 0.2 percent higher.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.8 percent, with technology-led gains on Wall Street sparking sentiment toward Asian tech shares.Japan's Nikkei stock index ended up 0.6 ...

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First Published: Tue, July 11 2017. 17:43 IST