Asia shares start new year in upbeat mood


MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%, a whisker from a record high. Japan's Nikkei rose 0.4% to reach peaks not seen since August 1990, having added 16% last year. E-Mini futures for the S&P 500 were flat after touching a new all-time high in early trade.

SYDNEY: Asian share markets got the new year off to a solid start on Monday on expectations central banks will keep money super cheap while the rollout of coronavirus vaccines helps slowly revive the global economy.

With so much growth already priced in, it might be hard for economies to match markets' high hopes, but for now momentum was with the bulls.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%, a whisker from a record high.

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Asia , markets , new year , upbeat mood , Nikkei , MSCI ,

   

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