Thai, China shares surge, Asia FX up as US yields retreat

Thai, China shares surge, Asia FX up as US yields retreat

The Edge Markets - World·2021-03-04 05:07

BENGALURU (March 3): Thai, Chinese and Indian stock markets rose more than 1% each on Wednesday, as investors placed their bets back on a global economic recovery, while regional currencies inched higher as US Treasury yields retreated.

Shares on Shanghai's Composite Index climbed 1.6% ahead of Friday's annual parliamentary gathering, while Bangkok and Mumbai markets rose 1.6% and 1.1%, respectively. 

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