MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent, helped by a 1 per cent jump in Taiwanese shares and a 0.8 per cent advance in Hong Kong's Hang Seng index. — AFP picSYDNEY, April 23 ― Asian shares extended gains today, taking cues from Wall Street as focus shifts to earnings results from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.
“There are lots of things that could cause volatility between now and the end of the year. And so we're probably coming to a more constrained, more volatile period for markets.” In addition to top corporate earnings, markets are also awaiting the release later this week of the US gross domestic product figures and the March personal consumption expenditure data ― the Fed's preferred inflation gauge ― to further ascertain the trajectory of monetary policy.
Today, they were little changed amid a lack of data and news, with two-year yields holding at 4.9713 per cent and 10-year yield at 4.6167 per cent.
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