Friday 16 October 2015

Asian shares rise to two-month highs, dollar gains on US data

Asian shares held near a two-month high on Friday, catching some of Wall Street's shine after upbeat U.S. price and jobless claims data eased some concerns about the strength of the U.S. economy.
MSCI's broadest index of Asia-Pacific shares outside Japan held steady after paring earlier gains, on track to show a rise of 1.8 percent for the week.

Japan's Nikkei stock index was up 1 percent, but still poised for a 0.9 percent decline for the week.

Europe was set to open higher, with financial spreadbetters predicting Britain's FTSE 100 will open as much as 0.9 percent higher, and Germany's DAX and France's CAC 40 to gain as much as 1 percent.

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