* MSCI Asia pushes to fresh three-year high after S&P 500 rises to record
* Aussie spikes higher on stronger-than-expected inflation data
* Euro wallows around 8-month low versus dollar
By Shinichi Saoshiro
TOKYO, July 23 (Reuters) - An index of Asian shares touched a fresh three-year high on Wednesday as some markets focused on company earnings more than geopolitical tensions while the Australian dollar spiked on stronger-than-expected inflation data.
But a cautious mood was expected to return in early European trade, where spreadbetters predicted Britain's FTSE 100 to open 8 to 15 points lower, or down as much as 0.2 percent; Germany's DAX to open down 20 to 22 points, or 0.2 percent lower; and France's CAC 40 to open 5 to 6 points lower, or down 0.1 percent.
"Despite yesterday's strong rebound in Europe, we look set to start on the back foot this morning after a slightly negative reaction to the latest earnings announcements from Microsoft and Apple, after the bell last night," Michael Hewson, chief market analyst at CMC Markets, said in a note.
Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue, while Microsoft Corp MSFT.O said it aims to get its loss-making Nokia phone unit to break even within two years after it reported a 7 percent dip in quarterly profit.
Violence continued in Gaza, but hopes rose for an easing of tension in Ukraine after pro-Russian rebels handed the flight recorders and victims' remains from a downed Malaysian airliner to international authorities.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent after earlier pushing to a three-year peak, lifted after the S&P 500 hit a new high overnight as risk markets turned their attention to positive corporate earnings and economic data.
In contrast, Japan's Nikkei stock average closed down 0.1 percent as the Tokyo markets kept their focus on tensions in Gaza and the Middle East.
In currencies, the Australian dollar, already on a bullish footing after the country's central bank chief on Tuesday chose not to talk down the currency, added about 0.4 percent to buy $0.9432. It spiked to a nearly two-week high of $0.9439 on surprisingly high core inflation figures that dented rate cut expectations.
"We think that the speculation regarding a near-term rate cut that we've seen over the past four to six weeks is likely to be dialed back to a certain extent," said Tom Kennedy, economist at JP Morgan in Sydney.
The euro stood little changed at $1.3467, after ticking down to a fresh eight-month trough of $1.3458 earlier in the session.