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Asia Stocks Eye Gains; Bitcoin Rises Above $46,000
Asian stocks and US and European equity futures rose ahead of inflation data due later Thursday that will help clarify the path ahead for Federal Reserve policy. Equity indexes in Australia, Japan and South Korea rose, while Hong Kong and mainland China benchmarks held to tight ranges in opening trade. US equity futures edged higher, compounding Wednesday gains when the S&P 500 closed 0.6% higher and the tech-heavy Nasdaq 100 rose 0.7%. The moves extended a rebound in tech following heavy selling last week and come ahead of fourth-quarter earnings season, which broadly kicks off with a slew of bank results ... (full story)