Asian Shares Advance As Chinese Stocks Extend Recovery To Hit Eight-Week High

Asian shares pulled ahead on Wednesday, as Chinese markets extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China’s weighting in the global benchmark will be increased. 
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5 percent. Shanghai shares rose 1.55 percent. The benchmark 10-year Treasury yield rose to as high as 3.113 percent, near its seven-year peak of 3.128 percent touched on May 18. The dollar’s index against a basket of major currencies stood at 94.154, near Friday’s 93.808, a 2-1/2-month low. The euro traded at $1.1765, not far from three-month high of $1.18155 touched on Monday. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961