Asian shares hit 3-month high on hopes for Europe, more easing

A man is reflected on a stock market board at a business district in TokyoTOKYO (Reuters) – Asian shares extended gains to a third straight session on Wednesday, reaching a three-month high, as investors continued to bet that policymakers will soon take decisive action to address the euro zone fiscal crisis and declining global growth. Oil and copper eased from their highs but remained underpinned by such hopes, while the euro stabilised and safe-haven government bonds suffered from weakening demand. But European stocks were likely to be more guarded, with U.S. stock futures signalling a softer Wall Street start. …


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