TOKYO (Reuters) – Most Asian shares rose on Monday and Chinese stocks surged to a one-month high as investors took heart from last week’s upbeat data from the world’s second-biggest economy, but Japan’s Nikkei fell to a six-week low after softer second-quarter GDP.
European shares were expected to open firmer, with Britain’s FTSE 100 seen up as much as 0.3 percent and Germany’s DAX up as much as 0.1 percent, according to financial spreadbetters. U.S. stock futures were flat.
TOKYO (Reuters) – Japanese shares fell to a six-week low on Monday and the yen strengthened after data showed Japan’s economy grew at a slower-than-expected pace in April-June, triggering investors to pare back some of their risk exposure.
Japan, the world’s third-largest economy, grew an annualized 2.6 percent in the second quarter, a third straight quarter of expansion but slower than a downwardly revised 3.8 percent rate in the first quarter. <ID:L4N0GA0CJ>
TOKYO, Aug 9 (Reuters) – Chinese shares turned higher on
Friday while gold prices fell after China’s better-than-expected
industrial production data added to optimism the economy may be
stabilising after more than two years of slowing growth.
The Australian dollar extended gains after the robust
Chinese data, which came a day after a surprisingly firm rebound
in China’s July exports and imports.
TOKYO (Reuters) – The dollar steadied above seven-week lows on Friday but remained vulnerable to more losses if Chinese data adds to a growing view Beijing was taming its economic slowdown, while Japanese stocks rose but were still on track for a heavy weekly fall.
Copper was holding near two-month highs hit after unexpected strength in trade data from top buyer China on Thursday raised hopes of a pick-up in demand.
TOKYO, Aug 9 (Reuters) – The dollar steadied above
seven-week lows on Friday but remained vulnerable to more losses
if Chinese data adds to a growing view Beijing was taming its
economic slowdown, while Japanese stocks rose but were still on
track for a heavy weekly fall.
Copper was holding near two-month highs hit after unexpected
strength in trade data from top buyer China on Thursday raised
hopes of a pick-up in demand.
TOKYO (Reuters) – Japanese investors piled into foreign bonds in July, making their biggest net purchase in three years – providing early evidence that Prime Minister Shinzo Abe’s expansionary policies are having the desired effect.
Japanese investors bought 3.482 trillion yen ($36 billion) of foreign bonds in July, the largest amount since August 2010, data from the Ministry of Finance showed.
TOKYO, Aug 6 (Reuters) – Asian shares fell to a two-week low
on Tuesday, with Japan a notable exception as it reversed early
losses, while the Australian dollar pushed away from a
three-year trough after the central bank cut official rates to a
Japanese stocks rose more than 2.5 percent from their lows
to end up 1 percent on talk the central bank was buying
exchange-traded funds and a Reuters report a massive public
pension fund was considering increasing its allocation mix to
buy more stocks.
TOKYO, Aug 6 (Reuters) – The dollar extended losses against
the yen into a third day on Tuesday as markets questioned their
expectations the U.S. Federal Reserve would start scaling back
its stimulus as soon as next month, putting Japanese shares on
The Australian dollar was near three-year lows ahead of an
expected cut in official rates to a record low of 2.5 percent.
TOKYO, Aug 5 (Reuters) – Japanese government bond prices
rose on Monday, with the 10-year yield logging its biggest
one-day fall in seven weeks, tracking firmer U.S. Treasuries as
slower-than-expected U.S. jobs growth raised uncertainty over
when the Federal Reserve will scale back its stimulus.
The 10-year yield slipped 3.5 basis points to
0.770 percent, more than reversing last week’s 3 basis point
rise to hit a near two-week low.
TOKYO/SYDNEY (Reuters) – Asian shares and commodity prices rose on Thursday after China’s official manufacturing activity data came in better than expected, easing some concerns of a sharp slowdown in the world’s second-largest economy.
The Australian dollar, which is seen as a proxy of Chinese growth because of the countries’ strong trade links, pulled away from a three-year trough of $0.8910 hit in early deals. The currency was last at $0.8974, up 0.3 percent on the day.