Asia stocks rally ahead of US CPI

World stock markets rose on Thursday ahead of key U.S. inflation data and amid widespread excitement in the crypto world after the United States approved the first exchange-traded funds (ETFs) to track bitcoin.

MSCI’s top world index was up 0.3% (.MIWD00000PUS) as London (.FTSE), Paris (.FCHI), and Frankfurt (.GDAXI) all swept higher, and after Tokyo’s Nikkei (.N225) breached the 35,000 point barrier for the first time since 1990 overnight in Asia.

The exuberant mood looked likely to continue on Wall Street, where E-mini futures for the S&P 500 were up 0.3% and all the main volatility and fear gauges (.VIX) were pointing down.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

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