Wednesday, October 8, 2014

S&P 500 index for Asian stock rises.

The dollar held losses and  with the regional index is up from its lowest level since May,Asian stocks has climbed, and bonds rallied with oil and copper on bets monetary policies in the three largest economies will be accommodating.

Chinese shares in Hong Kong raised 1.1 percent following Premier Li Keqiang's announcement to lower financing costs. The MSCI Asia Pacific Index (MXAP) rose 0.8 percent till the morning in Tokyo.  With addition of 0.2 percent in futures in  Standard & Poor’s 500 Index, the gauge jumped the most this year on speculation that low rates will be set and global growth will be slowed by Federal Reserve. When Oil in New York rebounded 0.5 percent and copper climbed 0.7 percent, Japan's five-year bond yield fell to the lowest after the central bank's unprecedented easing.


1 comment:

  1. According to today's Stock Signals to trade in SGX, one can BUY LIAN BENG GROUP [L03] ABOVE 0.550 TARGET 0.570 0.600 0.650 SL 0.500.

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