Asian shares try to stabilise as SP futures bounce – ZAWYA

Asian shares try to stabilise as SP futures bounce – ZAWYA

Bonds fly as investors wager on central bank, fiscal stimulus. South Korea's hard-hit market edged up 0.8% and helped MSCI's broadest index of Asia-Pacific shares outside Japan fight back to flat.. Japan's Nikkei was still down 2.8%, but just catching up to the global sell-off having been shut on Monday.. The risks were such that bond markets were wagering central banks would have to ride to the rescue with new stimulus.. Central banks across Asia have already been easing policy, while governments have promised large injections of fiscal stimulus, something western countries might also have to consider.. ((To read Reuters Markets and Finance news, click on https://www.reuters.com/finance/markets For the state of play of Asian stock markets please click on: 0#.INDEXA )).