Asian shares stay near highs, dollar lurches

Jul 01, 2014, 2:19 AM EDT
Police officers control Japanese football fans who gathered on the street at the famous Shibuya intersection crossing after the 2014 FIFA World Cup match between Ivory Coast and Japan in Shibuya District on June 15, 2014 in Tokyo, Japan.
AFP/Getty Images

Asian shares held near three-year highs on Tuesday on upbeat Chinese manufacturing data and expectations that U.S. monetary policy will stay loose for some time, while the dollar was broadly soft. Japan's Nikkei rose 1.3 percent while the MSCI's broadest index of ex-Japan Asia-Pacific shares was flat, staying just under a three-year high hit three weeks ago. Hong Kong markets were closed for a holiday.
Background:
Asian shares stay near highs, dollar hobbled by Fed [Reuters]
Asian shares mixed, Japan bounces back [WSJ]

YOU MIGHT ALSO LIKE