Asian Equities Now Higher

Asian shares flirted with three-week highs on Wednesday, while the euro wobbled close to five-week lows on heightened speculation of more European Central Bank stimulus next month.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.4 percent after hitting its highest level since April 23.  But Japan’s Nikkei .N225 bucked the trend, slipping 0.3 percent and moving away from the previous session’s 1-1/2-week high as investors took profits.

A weaker-than-expected U.S. retail sales report on Tuesday did little to change views the economy was poised for faster growth this quarter.

Reuters

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