Asian Shares gain on US-China trade talks, lira recovers

Asian Shares gain on US-China trade talks, lira recovers

Friday, August 17, 2018

Epic Research Update : Asian Markets
Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent in early trade, a day after it hit its lowest level in a year.

Japan’s Nikkei gained 0.5 percent while in US markets, the #DowJones Industrial Average rose 1.58 percent and the S&P 500 gained 0.79 percent.

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