Asia's stocks climb amid ECB interest rate cuts and U.S. jobless claims

Source: Bloomberg
Asian shares jumped on Friday after Australian bank Macquarie showed that its earnings rose and as initial jobless claim in the U.S. fell to a five-year low and the ECB's meeting resulted in another interest rate cut to historical low. The MSCI Asia Pacific excluding Japan Index advanced by 0.1% to 480.88 at 2:32 p.m. Hong Kong time and it is heading the larges 2-week gain in 4 months.

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