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Global Markets: Asian shares extend bounce but trade war caps gains

Reuters  |  SHANGHAI 

By Andrew GalbraithSHANGHAI (Reuters) - Asian shares extended their recovery on Friday, as investors shifted their focus to bullish expectations for Wall Street earnings and as a weaker yen supported Japanese stocks, though Sino-U.S. trade tensions have tempered exuberance.Keeping trade squarely in view was Chinese trade data, which showed its trade surplus with the United States swelling to a record in June, a result that could further inflame a bitter trade dispute with Washington.Financial spreadbetters expect European stocks to rise, with London's FTSE set to open up 41 points, ...

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First Published: Fri, July 13 2018. 12:31 IST
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