[Reuters] – MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was little changed, but remained on track to end the week up 0.6 percent. Japan’s Nikkei (.N225), which jumped to an 11-month high on Thursday, slipped 0.6 percent early on Friday as the yen strengthened. The strong data boosted the case for higher interest rates, expectations for which have already jumped on promises of fiscal stimulus from the incoming Trump administration and rising oil prices, both potential contributors to inflation.
The post Asia flat following a weaker Wall Street as Treasury yields hit 16-month high appeared first on NASDAQ.