Shy increase the Tokyo Stock Exchange
After a fence in red on Tuesday, the Asian stock markets end in almost all the green on Wednesday. The Nikkei 225 rose 0.21% to 11,184 points, ahead of Taiwan Index from 0.43% to 8064 points, the Seoul Stock Exchange finished up 0.97% to 3639 points and climbs Sydney 0.67 to 4985 points. In contrast, Hong Kong was down 0.07% to 22,088 points.
On the macroeconomic front, the Singapore authorities said Wednesday that the country's economic growth could be between 7% and 9% this year, against previous forecasts of 4.5% to 6.5%. It could even reach the first quarter of this year 13.1% and 32.1% a year over the fourth quarter of 2009.Consequence: Stock Exchange of Singapore, the Straits Times Index closed up 1.05%.
Barrels of oil increase
Following a meeting between Chinese President Hu Jintao and his U.S. counterpart, Barack Obama, under the Nuclear Summit in Washington, Bush reiterated his desire to see China revalue the yuan no teletrack payday loans.
Crude prices are trending upward in Asia Wednesday, the market reacts to forecasts of rising demand for crude announced by the International Energy Agency (IEA).In morning trading, a barrel of light sweet crude for May delivery took 34 cents to 84.39 dollars, while Brent North Sea with identical maturity, gained 18 cents to 84.90 dollars.
In its monthly report, the IEA has reviewed again slightly upward, from 30,000 barrels per day its forecast for global oil demand in 2010. Consumption is expected to rise this year to 86.6 million barrels per day on average, 2% more than last year.
Toyota has advised its Canadian and American dealers to suspend sales of its Lexus model, the GX 460, following criticism from a consumer magazine, Consumer Reports. At the Tokyo Stock Exchange, the title won 0.13% to 3710 yuan.
- Asian stock markets euphoric
- Tokyo strong as Toyota unscrews
- Oil settles above 80 dollars
- The Dow Jones closed at 11,000 points beyond
- The CAC 40 removes a portion of his earnings
This entry was posted on Thursday, April 15th, 2010 at 6:20 am and is filed under business, economics, events, features, finance. Follow the comments through the RSS 2.0 feed. Both comments and trackback are closed.