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11-03-2015, 01:29 AM
Asian stocks break five-day losing streak but outlook wary

[Reuters] - Asian stocks rose on Tuesday helped by buoyant U.S. markets and recent data that indicated the global economy may have turned a corner, though wary central banks signalled a recovery may be anything but durable. MSCI's broadest index of Asia-Pacific shares outside Japan broke a five-day losing streak, rising 1.4 percent. Recent gains in Asian stocks have been established on growing hopes that U.S. interest rates aren't likely to rise as quickly as previously thought, and on a growing sense of relief over China's growth numbers as evident from recent official data.

Asian stocks break five-day losing streak but outlook wary - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/asia-shares-look-break-losing-003024024.html)