GLOBAL MARKETS-Asia stocks edge up, dollar restrained before CPI
Asian share markets made cautious gains on Monday on hopes a key reading on U.S. inflation will show some cooling, while the U.S. dollar was restrained by the risk of higher European interest rates and Japanese intervention. MSCI''s broadest index of Asia-Pacific shares outside Japan added 0.2%, having bounced modestly from a two-year low hit last week. Japan''s Nikkei added another 0.9%, after rallying 2% last week.
GLOBAL MARKETS-Asia stocks edge up, dollar restrained before CPI
Asian share markets made cautious gains on Monday on hopes a key reading on U.S. inflation will show some cooling, while the U.S. dollar was restrained by the risk of higher European interest rates and Japanese intervention. MSCI''s broadest index of Asia-Pacific shares outside Japan added 0.2%, having bounced modestly from a two-year low hit last week. Japan''s Nikkei added another 0.9%, after rallying 2% last week.