You are here: Home » International » News » Markets
Business Standard

Asian stocks reach 10-year high ahead of US economic data, China Congress

The next big test for the dollar is US consumer inflation figures due later in the day

Reuters  |  Tokyo 

Asian stocks edged to a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing shares higher ahead of U.S. economic data and next week's Chinese Communist Party Congress. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.23 percent, having gained 3.7 percent so far this month. Japan's Nikkei edged up 1.0 percent to another 21-year high. European shares were seen mixed, with spread-betters looking at a 0.1 percent rise in Germany's DAX and France's CAC and 0.2 percent fall in Britain's ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, October 13 2017. 16:28 IST