Global Markets Seek Direction; Japan Rises

Equity markets in Asia lacked direction early Wednesday, as broad gains in financials lifted stocks in Australia and Japan, though China markets underperformed.

Global risk appetite returned this week, with all three major U.S. stock indexes hitting fresh highs overnight as geopolitical tensions eased. In addition, Hurricane Irma didn’t do as much damage to Florida as expected and U.S. oil refiners have ramped up after Hurricane…

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