MARKETS: #ASIA Shares touched a 10-year high on Thursday after the U.S. Feds optimism on economy, virtually cementing the case for a year-end rate hike, while investors wait formal nomination of the next head of the central bank, muted to be Jerome “Jay” Powell #AceFinanceDesk reports

#AFNews- 02/11/17: TRUMP’S PICK FOR NEXT FEDERAL RESERVE CHAIR: The president said he’ll announce his nominee to succeed Fed boss Janet Yellen this afternoon … I think you will be extremely impressed by this person,” Trump told reporters before a Cabinet meeting Wednesday……Trump’s leading choice is said to be Jerome “Jay” Powell, who until recently was the only Republican on the Fed board #AceFinanceDesk reports

As Asian shares touched a 10-year high on Thursday after the U.S. Federal Reserve expressed optimism about the economy, virtually cementing the case for a year-end rate hike as investors awaited the formal nomination of the next head of the central bank Reuters: http://reut.rs/2zcfbzA #AceFinanceNews

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