Stocks, oil, bond yields edge up ahead of expected new Russia sanctions – Reuters.com

  • Date: 05-Apr-2022
  • Source: Reuters
  • Sector:Oil & Gas
  • Country:Gulf
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Stocks, oil, bond yields edge up ahead of expected new Russia sanctions – Reuters.com

SINGAPORE, April 5 (Reuters) - Asian stocks rose to their highest in more than a month on Tuesday, underpinned by a broad recovery on Wall Street while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) built on early gains and advanced 0.3% to 602.2, the strongest since Feb. 24.

The benchmark has lost 4% so far this year, dragged by big declines in Chinese shares, while the Russia-Ukraine crisis has also hurt the near-term outlook.