Asian shares consolidate, caution ahead of Chinese data
TOKYO (Reuters) – Asian shares eked out modest gains Thursday, consolidating amid better-than-expected U. S. earnings but demand was capped by caution ahead of Chinese data on Friday. The MSCI’s broadest index of Asia-Pacific shares outside Japan added 0. 1 percent, after falling in the past two sessions, pulled higher by a surge in Australian shares , which rose 1 percent to a 20-month high. Australian employment surprisingly contracted by 5,500 in December, bolstering the odds for another interest rate cut. . . .
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