Asia shares rise on rate cut bets; RBA seen turning hawkish


Source: finance.yahoo.com finance.yahoo.com

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By Tom Westbrook SINGAPORE (Reuters) - Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3% in early trade. Hong Kong shares traded marginally lower, having ridden a wave of heavy buying from mainland investors to lift the Hang Seng index more than 14% higher in a 10-day winning streak, its longest since 2018. Japan's Nikkei gained 1.3% and S&P 500 futures...