Asian stocks rally after U.S. growth revision

Note: This section contains information in English only.
Source: Reuters
© Scanpix/Reuters
Asian stocks rose after the U.S. authorities revised Q1 growth downwards, which lead investors to believe that the Fed will not end its QE earlier. Improved situation in China's money markets also contributed to the rise. The MSCI shares outside Japan increased 1.8% today after increasing 1.9% yesterday. Shanghai stocks rose 1.2%, while the Nikkei index jumped 2%.
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Thu, 27 Jun 2013 07:29:19 GMT

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