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Stocks in Asia/Pacific Mix, Japan Prime Minister Hatoyama Wants Firm Measures Against Yen Strength
Asia Session Key Developments Japan’s Industrial Production Rises for 11th Straight Month Hong Kong Producer Prices Extend Three Month Decline Stocks in Asia/Pacific were mixed on Friday amid speculation that Japan’s central bank will add additional funds to the financial system, while the Hang Seng tipped lower on speculation China’s government will tighten policy later this year. Taking... [Read more]
Asian Stocks Advance, ASX Falters as Employment Report Disappoints
Asia Session Key Developments Australian Employers Add Fewest Jobs in Six Months Japan’s GDP Expands Less Than First Estimated Lending in China Tops Forecast Stocks in Asia tipped higher on Thursday as market participant held an improved outlook for global growth, while the ASX 200 bucked the trend as employment in the $1T economy rose the least in six months. Meanwhile, the economic docket... [Read more]
Stocks in Asia/Pacific Falter on Growth Concerns, Hang Seng Bucks Trend
Asia Session Key Developments Australian Consumer Confidence Improves in March Japan Machinery Orders Slump After Biggest Jump Since 2000 Stocks in Asia/Pacific weakened on Wednesday as policy makers held a cautious outlook for the region, while the Hang Seng bucked the trend as firms within the region posted better-than-expected earnings results for 2009. Bank of Japan’s board member Suda... [Read more]
Stocks in Asia/Pacific Mixed, Australia’s Business Confidence Rises for Second Month
Asia Session Key Developments Australian Shares Rally for Eight Straight Day Japan’s Machine Tool Orders Post largest Increase on Record Stocks in Asia/Pacific were mixed on Tuesday following a lackluster performance on Wall Street. Meanwhile, the economic docket showed business confidence in Australia advanced for the second straight month in February, with the NAB index increasing to 19... [Read more]
Asian Stock Markets Advance Amid Accelerating Economic Growth, France Pledges to Support Greece
Asia Session Key Developments Asian Stocks Rally to Six-Week High Bank Lending in Japan Tumbles for the Seventh Month Japan Trade Surplus Widens More-Than-Expected on Exports Stocks in Asia/Pacific began the week on a strong note, rallying to a six-week high following French President Nicolas Sarkozy stating that the euro region stands ready to rescue Greece should the government struggle to... [Read more]
Asian Stock Markets Rally as Global Growth Prospects Improve
Asia Session Key Developments Australian Foreign Reserves Narrows in February Construction in Australia Grows at Slower Pace Japan Reserve Assets Tip Lower for Second Month Stocks in Asia/Pacific ended the week on a higher note subsequent to the drop in U.S. jobless claims, while the Japanese yen weakened amid speculation that the Bank of Japan will expand easing measures in order to support... [Read more]
Asian Stock Markets Mixed on Speculation China Will Tighten Policy
Asia Session Key Developments Gold Climbs to Six-Week High Copper Prices Rally for a Fourth Straight Day Hong Kong Retail Sales Rise Less-Than-Expected Stocks in Asia/Pacific were mixed on Thursday for the third consecutive day amid concern policy makers in China will tighten policy over the coming months, which could further weigh on bank lending going forward. Nevertheless, the economic docket... [Read more]
Asian Stock Markets Mixed on Greece Measures, Australia GDP Expands 0.9%
Asia Session Key Developments Gold Futures Rise to Highest in Almost Six Weeks Australia’s GDP Grows At Fastest Pace in Almost Two Years Stocks in Asia/Pacific were mixed on Wednesday for the second straight day amid speculation that the additional measures announced by Greek policy makers will bolster confidence in the global recovery, while commodity prices edged slightly higher on the day.... [Read more]
Asian Stock Markets Mixed on Outlook for Future Earnings, Reserve Bank of Australia Hikes Rate to 4.00%
Asia Session Key Developments Japan’s Jobless Rate Falls to 4.9% Australia’s Building Approvals Tumble in January RBA Hikes Cash Rate 25 Basis Points to 4.00% Stocks in Asia/Pacific were mixed on Wednesday as the economic docket from the U.S. reinforced an improved outlook for future growth, while commodity prices pushed lower overnight to taper the advance. Meanwhile, the economic calendar... [Read more]
Asian Stock Markets Advance on Enhanced Earnings, Rising Commodity Prices
Asia Session Key Developments Copper Gain the Most in 11 Months New Zealand Visitor Arrivals Accelerate to 5-Year High Australia’s TD Securities Inflation Rises at Slower Pace Stocks in Asia/Pacific pushed higher on Tuesday for a second successive day amid JP Morgan Chase & Co. boosting the ratings on Japan’s largest banks, while copper prices jumped the most in 11 months following... [Read more]
