Asian shares edge up as investors await Yellen testimony

Asian shares edge up as investors await Yellen testimony

Tuesday, July 11, 2017


Asian Market 1
Asian shares and the dollar cautiously edged higher on Tuesday, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten US monetary policy.

MSCI’s broadest index of Asia-Pacific shares outside Japan edged a few points higher in early trading, with sentiment underpinned by technology-led gains on Wall Street.

Japan’s Nikkei stock index was up 0.1 percent, while Australian shares slipped 0.2 percent.

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