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Global Markets: Asia shares rally as U.S. job data revive risk appetite

Reuters  |  SYDNEY 

By Wayne ColeSYDNEY (Reuters) - A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites globally.MSCI's broadest index of Asia-Pacific shares outside Japan climbed 1.3 percent, poised for a third session of gains.South Korea rose 1 percent while Australia's main index added 0.7 percent, boosted by mining shares on news that Australia could be exempt from new U.S. trade tariffs on steel and aluminium imports.E-Mini futures ...

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First Published: Mon, March 12 2018. 10:48 IST
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