By Chikako Mogi
TOKYO (Reuters) – Asian shares steadied on Tuesday, snapping a two-day losing streak as a suprising rise in U.S. retail sales boosted optimism about the recovery in the world’s largest economy, but the dollar took a breather after recent broad gains ahead of more data.
European stock markets are expected to start higher, with financial spreadbetters predicting London’s FTSE 100, Paris’s CAC-40 and Frankfurt’s DAX to open as much as 0.3 percent higher, while a 0.1 percent rise in U.S. stock futures also pointed to a firm Wall Street open. Read the rest of this entry »