Tuesday, 28 February 2017

Asian shares edge up, await Trump's policy speech >> Ripples Financial Advisory

Asian shares edged up on Tuesday, bolstered by gains on Wall Street as investors awaited a speech by US President Donald Trump for signals on tax reform and infrastructure spending. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trading, while Japan's Nikkei stock index got a tailwind from a weaker yen and gained 0.7 percent. 

On Monday, US stocks edged up, with the Dow Jones Industrial Average closing at a record high for a 12th straight session, after Trump said he would talk about his plans for "big" infrastructure spending in his first major policy address to Congress on Tuesday (9 pm ET/0200 GMT on March 1).

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