Asia stocks extend gains, hit one-month peak on upbeat China trade data

Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session. Risk appetite got an extra boost when China reported upbeat trade figures with exports and imports both beating forecasts. The resource-heavy Australian market jumped 1.2 percent, as did MSCI's broadest index of Asia-Pacific shares outside Japan.