Asian Markets Trade Firm: A Gauge Of Global Stock Markets Edged

Asian markets trade firm: A gauge of global stock markets edged near this year's peak while benchmark U.S. Treasury yields and the dollar dropped after the Federal Reserve signalled possible interest rate cuts later this year.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2% while Japan's Nikkei gained 0.5%.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 31.50 points or 0.27 percent. Nifty futures were trading around 11,750-level on the Singaporean Exchange.

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