Shares climbed from the open in Australia, Japan and South Korea, with the MSCI Asia Pacific Index rising as much as 0.8%. US futures extended their rally from Monday when the cash market was closed. Asian currencies strengthened as Bloomberg’s gauge of the dollar dropped for a second day. Treasuries climbed.
India the new ‘no-go’ zone for FIIs? 7 brutal truths behind $18 billion exodus
Foreign institutional investors have pulled out $18 billion from Indian equities since the Iran war began, dragging the Nifty down over 9% from its peak.