Asian shares were set gain on Wednesday, encouraged by buoyant U.S. moves that followed stronger-than-expected manufacturing indicators while the dollar emerged from its recent lows against the euro.
FILE PHOTO: A man using his mobile phone is silhouetted against a stock quotation board outside a brokerage firm in Tokyo February 21, 2006. REUTERS/Toru Hanai
Euro zone manufacturing activity also grew last month to stay on a path toward recovery, though factory managers remained wary about investing and hiring more workers. Also helping sentiment, U.S. Treasury Secretary Steven Mnuchin told a congressional panel he was willing to provide more money for state and local governments, a key sticking point in the fight over more stimulus.
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