NEW YORK: Asian stocks rose along with equity-index futures as record-high US stocks and progress in several trade negotiations boosted risk appetite.
The MSCI Asia-Pacific index advanced 0.3 per cent. The Nikkei 225 index jumped by more than 1.5 per cent after Japan’s top negotiator extended his stay in the US for further talks ahead of a July 9 deadline. Contracts for the S&P 500 index rose 0.3 per cent. The Canadian dollar edged up after the country rescinded digital services tax to advance the US trade talks. Crude oil fell 0.7 per cent as traders wound back risk premiums before the OPEC+ meeting.
