Thursday, 30 July 2015

Today Asian Market Update 30 JULY 2015

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Asian shares were firm on Thursday after the US Federal Reserve said it saw the economy and jobs continuing to strengthen, helping lift the dollar as traders bet that higher US interest rates were around the corner.
Japan's Nikkei rose 0.8 percent while Australian shares tacked on 0.3 percent and South Korean shares gained 0.2 percent.
Dollar-denominated MSCI's broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS was almost flat.
On Wall Street, US stocks rose broadly on the Fed's optimism and strong corporate earnings, with S&P 500 rising 0.7 percent to 2,108.57.

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