Asian shares rise, cautious before Fed, U. S. data
TOKYO (Reuters) – Asian shares rose on Tuesday as recent selling drew bargain hunters, but investors were cautious ahead of more U. S. economic reports and a Federal Reserve policy decision later in the week that may offer clues to the Fed’s stimulus plans. The MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0. 7 percent to snap a four-day losing streak, led by a 1. 1 percent jump in Australian shares to a fresh 21-month high on gains in financials shares. South Korean shares , which slumped to an 8-week low on Monday, rebounded 0. 8 percent. . . .
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