Asian markets, risk assets ride up on vaccine hopes – ZAWYA
- Date: 15-Jul-2020
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
Asian markets, risk assets ride up on vaccine hopes – ZAWYA
Asian markets, risk assets ride up on vaccine hopes | ZAWYA MENA Edition HomeMarketsEquitiesArticleAsian markets, risk assets ride up on vaccine hopes MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.2% Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16, 2020.SYDNEY: Asian shares jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite while the euro rose to a four-month top on the prospect of stimulus ahead of a crucial EU summit.MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.2%, edging closer to a recent five-month peak.Japan's Nikkei added 1.5% to the highest since June 10 while Australia's benchmark index was up 1%. Chinese shares gained modestly with the blue-chip CSI300 index ticking up 0.3%.SYDNEY: Asian shares jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite while the euro rose to a four-month top on the prospect of stimulus ahead of a crucial EU summit.Japan's Nikkei added 1.5% to the highest since June 10 while Australia's benchmark index was up 1%. Chinese shares gained modestly with the blue-chip CSI300 index ticking up 0.3%.E-mini futures for the S&P 500 rose 0.8%.Risk appetite was boosted by Moderna