Asian stocks rose, climbing the Topix index to a nine-month high led, and improving the profitability of Japanese companies and the U.S. economy, the demand for high-yield assets as indicated in the Australian dollar strengthened. Oil, rubber and copper advanced.
MSCI Asia Pacific Index rose from 140.13 to 0.8 percent, January 19, in Tokyo since the 1:10 clock. China, Hong Kong, South Korea and Singapore were closed for Lunar New Year. Standard & Poor's 500 index futures were little changed. The Australian dollar gained against all 16 of its large partners.
Sony Corp., Japan Consumer Electronics and Mitsubishi UFJ Financial Group Inc., the nation's No. 1 publicly traded bank's leading exporter, Japanese firms forecast earnings better than the last report was in the middle. Steelmakers such as Nippon Steel Corp. unveiled the acquisition of a competitor won, while Australia's central bank raised its forecast for economic growth in the country.
"Rising global recovery will lift much all Japanese boats" Ed Rogers, Rogers Investment Advisors KK, a Tokyo-based fund of hedge fund adviser's chief executive, said in an interview with Bloomberg Television. "Head surprisingly negative results are old thematic history. Increasingly, Japan is one that we have to find more and more buyers."
Topix 936.82, its highest level since 13 May to 1 percent received by Australia's S & P 0.9 / Csckas 200 Index, while New Zealand's NZX 50 Index increased 0.5 percent.
Sony, QBE
Sony profit up 1.9 percent after reporting that the expectations of analysts. Get Mitsubishi UFJ 1.6 percent after profit doubled. SoftBank Corp., the exclusive provider of Apple Inc's iPhone in Japan, its annual operating profit forecast by 20 percent after increasing 3.5 percent collected.
QBE Insurance Group Ltd., Australia's largest insurer by market value, in Sydney on course for its biggest increase since January 2008 to 7.2 per cent obtained. Company $ 700000000 and Balboa Insurance Co. 'unspecified future payments to the business at Bank of America Corp., will give the insurance business 1200000000 U.S. $ value of your loan.
Japanese iron and steel companies in the Topix index is a gauge gauge the best among 33 industry groups rose. Nippon Steel and Sumitomo Metal Industries Ltd. 10.1 per cent growth jumped 16.6 percent. Japan's No. 1 and No. 3 steel makers plan to combine to lower costs.
"Expectations are growing for better performance in the steel industry" Juichi Wako, senior strategist with Nomura Holdings Inc. said, "to improve corporate profits lead to a positive change in employment. "
RBA Forecast
Australia's currency to the Reserve Bank of Australia rose as high as 4.25 percent for the month of November its forecast of 3.75 per cent annual growth forecast for 2011 lifted.
He said, "The Australian team for next year is strong," Darren Heathcote, Investec Bank (Australia) Ltd. "Interest rates are still on the way to Sydney on the trade chief said, and we have other means At least half a percentage point fall this year, if not more. "
1.0195 so-called Australian dollar climbed as much as 0.4 percent, the third since January U.S. currency trading $ 1.3636 per euro from $ 1.3634 yesterday in Tokyo, New York, when it rose as much 1.5 percent. Dollar was at 81.63 ¥ ¥ 81.57.
U.S. data
U.S. 146 000 103 000 climbed last month in January, a Bloomberg survey before today's Labor Department report as per the following non-farm payrolls. The unemployment rate rose to 9.5 percent from 9.4 percent according to a separate survey.
U.S. non-manufacturing companies released yesterday Institute for Supply Management's index since August 2005, the fastest pace in January, the service sector showed signs of economic recovery, increased width.
"Some of the U.S. economy growing and recovery is very analog signal, which to be out of jobs can show begins" Greg Gibbs, Sydney Royal Bank of Scotland Group PLC, a currency strategist said. Federal Reserve Chairman Ben S. 'Bernanke employment cooks everything, so that strong job growth report will be very important for the dollar. "
European Union leaders in Brussels today to meet Germany on February 2 were excluded to enable the sector rescue package to prevent loss of money borrowed to fund repurchases of government means. EMU officials an area of the end of the financial crisis strategy to narrow the differences are fighting.
Rubber & copper
European Central Bank President Jean-Claude Trichet yesterday said inflation risks "are roughly balanced," the possibility of a rate increase dimming.
Tokyo rubber futures advanced for the first time over 500 kg of the yen, climbing a record £ 504 ¥ ($ 6,179 per ton) as a proposal relating to Southeast Asia in the next season focused on knocking problems.
London Metal Exchange, copper 0.3 percent to $ 9960 per ton. Per ton last three-month delivery contract reached a record high of 10,000 per dollar. Oil futures on the New York Mercantile Exchange to $ 91.15 a barrel in electronic trading gained 61 cents.
MSCI Asia Pacific Index rose from 140.13 to 0.8 percent, January 19, in Tokyo since the 1:10 clock. China, Hong Kong, South Korea and Singapore were closed for Lunar New Year. Standard & Poor's 500 index futures were little changed. The Australian dollar gained against all 16 of its large partners.
Sony Corp., Japan Consumer Electronics and Mitsubishi UFJ Financial Group Inc., the nation's No. 1 publicly traded bank's leading exporter, Japanese firms forecast earnings better than the last report was in the middle. Steelmakers such as Nippon Steel Corp. unveiled the acquisition of a competitor won, while Australia's central bank raised its forecast for economic growth in the country.
"Rising global recovery will lift much all Japanese boats" Ed Rogers, Rogers Investment Advisors KK, a Tokyo-based fund of hedge fund adviser's chief executive, said in an interview with Bloomberg Television. "Head surprisingly negative results are old thematic history. Increasingly, Japan is one that we have to find more and more buyers."
Topix 936.82, its highest level since 13 May to 1 percent received by Australia's S & P 0.9 / Csckas 200 Index, while New Zealand's NZX 50 Index increased 0.5 percent.
Sony, QBE
Sony profit up 1.9 percent after reporting that the expectations of analysts. Get Mitsubishi UFJ 1.6 percent after profit doubled. SoftBank Corp., the exclusive provider of Apple Inc's iPhone in Japan, its annual operating profit forecast by 20 percent after increasing 3.5 percent collected.
QBE Insurance Group Ltd., Australia's largest insurer by market value, in Sydney on course for its biggest increase since January 2008 to 7.2 per cent obtained. Company $ 700000000 and Balboa Insurance Co. 'unspecified future payments to the business at Bank of America Corp., will give the insurance business 1200000000 U.S. $ value of your loan.
Japanese iron and steel companies in the Topix index is a gauge gauge the best among 33 industry groups rose. Nippon Steel and Sumitomo Metal Industries Ltd. 10.1 per cent growth jumped 16.6 percent. Japan's No. 1 and No. 3 steel makers plan to combine to lower costs.
"Expectations are growing for better performance in the steel industry" Juichi Wako, senior strategist with Nomura Holdings Inc. said, "to improve corporate profits lead to a positive change in employment. "
RBA Forecast
Australia's currency to the Reserve Bank of Australia rose as high as 4.25 percent for the month of November its forecast of 3.75 per cent annual growth forecast for 2011 lifted.
He said, "The Australian team for next year is strong," Darren Heathcote, Investec Bank (Australia) Ltd. "Interest rates are still on the way to Sydney on the trade chief said, and we have other means At least half a percentage point fall this year, if not more. "
1.0195 so-called Australian dollar climbed as much as 0.4 percent, the third since January U.S. currency trading $ 1.3636 per euro from $ 1.3634 yesterday in Tokyo, New York, when it rose as much 1.5 percent. Dollar was at 81.63 ¥ ¥ 81.57.
U.S. data
U.S. 146 000 103 000 climbed last month in January, a Bloomberg survey before today's Labor Department report as per the following non-farm payrolls. The unemployment rate rose to 9.5 percent from 9.4 percent according to a separate survey.
U.S. non-manufacturing companies released yesterday Institute for Supply Management's index since August 2005, the fastest pace in January, the service sector showed signs of economic recovery, increased width.
"Some of the U.S. economy growing and recovery is very analog signal, which to be out of jobs can show begins" Greg Gibbs, Sydney Royal Bank of Scotland Group PLC, a currency strategist said. Federal Reserve Chairman Ben S. 'Bernanke employment cooks everything, so that strong job growth report will be very important for the dollar. "
European Union leaders in Brussels today to meet Germany on February 2 were excluded to enable the sector rescue package to prevent loss of money borrowed to fund repurchases of government means. EMU officials an area of the end of the financial crisis strategy to narrow the differences are fighting.
Rubber & copper
European Central Bank President Jean-Claude Trichet yesterday said inflation risks "are roughly balanced," the possibility of a rate increase dimming.
Tokyo rubber futures advanced for the first time over 500 kg of the yen, climbing a record £ 504 ¥ ($ 6,179 per ton) as a proposal relating to Southeast Asia in the next season focused on knocking problems.
London Metal Exchange, copper 0.3 percent to $ 9960 per ton. Per ton last three-month delivery contract reached a record high of 10,000 per dollar. Oil futures on the New York Mercantile Exchange to $ 91.15 a barrel in electronic trading gained 61 cents.
