Shares in Asia head for 10-year high on back of US profit surge

Investors await monetary policy reading from the ECB as key index hits 2007 levels after the Dow, S&P and Nasdaq hit new all-time highs

Shares in Asia have reached their highest point for nearly 10 years bolstered by a surge in stock markets around the world on the back of strong US corporate earnings.

As investors awaited the European Central Bank meeting for clues on its policy outlooks, the MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.15%, hovering near its highest level since December 2007.

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