MSCI's gauge of stocks across the globe advanced 7.52 points, or 0.90%, to 847.45 - on track for its biggest daily percentage gain since Nov. 7 - but still poised for its third weekly decline in the past four.
"This year's wage increases were helping push up consumption with some firms pointing to the effect of solid spending by the younger generation, which enjoyed fairly big pay hikes," the BOJ said on Monday in a quarterly report on regional economies.
(Reuters) -China announced a broad range of stimulus measures on Tuesday to support the faltering economy, stabilise the housing sector and restore market confidence.
