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By Ankur Banerjee SINGAPORE (Reuters) - Asian shares rose to a four-month high on Friday as U.S. economic data stoked expectations that the Federal Reserve is near the end of its rate-hike campaign, while the yen fell after the Bank of Japan maintained its ultra-easy monetary policy. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.75% higher and on course for 2.8% gain in the
The South African Rand extended its gains on Thursday, a day after the U.S. Federal Reserve opted to keep interest rates unchanged.
Share prices rose anew after Wall Street benchmarks swept higher, extending their longest rally in a year and a half.
The MSCI All-World index was up 0.2%, around its highest since mid-April 2022
The Bank of Canada (BoC) surprised markets on Wednesday by hiking its overnight rate to a 22-year high of 4.75%, with traders expecting another increase next month to ratchet down an overheating economy and stubbornly high inflation. The BoC had been on hold since January to assess the impact of previous hikes.