Asian shares advance, dollar soft as markets decide Omicron fallout limited

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Reuters

By Alun John HONG KONG (Reuters) – A global share rally continued in early Asian trading on Thursday and the safe haven dollar was on the back foot as markets took cheer from positive signs about the impact of the omicron variant of COVID-19 and U.S. economic data. Japan’s Nikkei gained 0.3% and MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%, a third successive session of gains after taking a jolt on Monday when fears about the new strain of coronavirus gripped markets and pushed investors to safe haven assets. “The unpredictable path of the pandemic and its related impac…

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