Asian shares touch six-month high, focus firmly on U.S. CPI data

  • article

Singapore, Jan. 11 (BNA): Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation data for cues on the Federal Reserve's interest rate policy.


MSCI's broadest index of Asia-Pacific shares outside Japan rose as much as 0.82% to touch six-month high of 538.56, while Japan's Nikkei gained 1%. Australia's S&P/ASX 200 index rose 0.90%, Reuters reported.


The Japanese yen weakened 0.05% to 132.33 per dollar, while sterling was last trading at $1.2162, up 0.1% on the day.