Asia Stocks Push Higher; Dollar Holds Gains
Tuesday, 12 February 2019 07:41 WIB | MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik

Asian stocks traded higher Tuesday with the biggest advance seen in Japan after the yen weakened. The dollar held gains and 10-year Treasuries were steady.

The MSCI Asia Pacific Index rose 0.3 percent. Australia's S&P/ASX 200 Index rose 0.3 percent.

Despite a rise in Tokyo as traders returned from a holiday, markets remained hostage to the next crucial round of trade talks. Equities ticked higher in Sydney and Seoul, while futures pointed to a weaker start in China and Hong Kong. Earlier, the S&P 500 Index finished little changed after drifting most of the session.

The dollar entered its longest rally since January 2016, recouping its year-to-date losses, as central banks around the world tilt more to the dovish side, boosting the relative appeal of the greenback.

Source: Bloomberg

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