Asian shares off highs, Fed’s stance underpins markets
TOKYO (Reuters) – Asian shares took a breather from recent rallies on Thursday though sentiment was underpinned by the U. S. Federal Reserve’s pledge to retain its stimulus policy and on signs of stabilization in the euro zone. Positive economic reports from Asia failed to lift markets as investors continued to assess regional earnings results and ahead of key data such as China’s official manufacturing PMI and U. S. monthly nonfarm payrolls on Friday. The MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0. 4 percent after rising 1. . . .
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