Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures...
was up 0.4%. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.06%, dragged lower by Chinese markets.
A trade dispute between the United States and China is now in its second year and is placing increasing strain on the global economy, forcing policy makers to respond with interest rate cuts and stimulus measures to bolster growth. U.S. stock futures ESc1 were 0.27% higher, which helped ease investors' nerves in Asian trading after the S&P 500U.S. crude CLc1 rose 1.02% to $55.49 a barrel, supported by a drawdown in U.S. crude inventories.South Korea stocksrose 0.5%, on course for their biggest daily increase in a week as investors hunted for bargains after shares were sold due to worries about weighting changes in the MSCI index.
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