(Corrects to clarify June 19 milestone in paragraph 4 was in 2018, and changes slug for media clients to Wrapup 3) * MSCI Asia ex-Japan +0.05%, trims gains * European shares expected to fall after recent rallies * Nikkei ends year up more than 18%, fell 12.1% in 2018 * China rate reform, retail sales boost bullish mood * Asian stock markets: tmsnrt.rs/2zpUAr4 By Andrew Galbraith SHANGHAI, Dec 30 (Reuters) – A broad gauge of Asian share markets rose to an 18-month high on Monday as Chinese equities gained, while oil touched three-month highs on a combination of U.S. crude inventory drawdowns, trade optimism and unrest in the Middle East. But European shares were expected to open lower as investors take a breather from recent rallies. In early European trade, the pan-region Euro Stoxx 50 futures were down 0.16% at 3,764, German DAX futures were down 0.22% at 13,291.5 and FTSE futures were down 0.11% at 7,578.5. MSCI’s broadest index of Asia-Pacific shares outside Japan rose to its highest since June 19, 2018, before trimming gains. It was last up 0.05%. Chinese blue chips, which had started the day lower, were up 1.13% in afternoon trade, bolstered by a report… Read full this story
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