GLOBAL MARKETS-Asian stocks advance in commodities-inspired rally

  • Source: Yahoo Sports - - Read: 0



    (Updates prices, adds comments)

    • Asian stock markets:

    • Crude oil, metal prices rise on growth outlook

    • Expectations of faster growth spur inflation fears

    • European futures indicate strong market open

    By Anshuman Daga

    SINGAPORE, Feb 23 (Reuters) - Asian shares rebounded fromtwo-week lows on Tuesday as rising commodity prices boostedmarket expectations of an improved growth outlook, a day afterrising U.S. Treasury yields and inflation prospects hit shares.

    Europe's Eurostoxx 50 futures and Germany's DAXfutures FDXc1 both gained 0.2%, while futures for London's FTSEFFIc1 rose 0.3%. E-mini futures for the S&P 500 advanced0.5%.

    MSCI's broadest index of Asia-Pacific shares outside Japanadvanced 0.4% to 726.6 after dipping to 719.8,the lowest level in t ...



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