GLOBAL MARKETS - Asia Shares Hit 15-Month High as Traders Wait for CPI

May 14, 2024, 09.24 AM | Source: Reuters
GLOBAL MARKETS - Asia Shares Hit 15-Month High as Traders Wait for CPI

ILUSTRASI. People walk under an electronic board showing stock information at the Shanghai Stock Exchange in Lujiazui Financial Area in Shanghai, China. REUTERS/Aly Song

GLOBAL MARKET - SINGAPORE. Asian shares hovered around 15-month highs on Tuesday and the dollar was firm ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying programme.

MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023 in morning trade, as a strong rally in Hong Kong shares extended into a fourth consecutive week.

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