Back to green on the Asian stock
Posted by adminWhile overall European shares dropped after further bad news on the front real estate in the United States, and that Wall Street has resisted pretty well Wednesday night despite some optimism about the Fed on the resumption of the Atlantic, Asian markets have chosen an upward trend on Thursday.
Around 6.45 am, the Nikkei 225 0.74% ahead of 9996 points, the threshold of 10,000 points. Elsewhere, the trend is less clear, with Hang Seng (Hong Kong Stock Exchange), which has assembled 0.5% to 20,867 points a Straits of Singapore which is also timidly 0.07% to 2873 points.
In India, the Bombay SE 30 allows itself 0.38% to 17,823 points.
In Australia, the S & P / ASX wins 0.31% to 4499 points, worn by mining, which have the hope that the new Prime Minister, Julia Gillard, could soften under a new tax on super profits of these companies .
Rio Tinto (2.23% to 72.1 Australian dollars) and BHP Billiton (1.89% to 39.9 AUD) are also considering a price increase of over 30% of iron ore in the third quarter.
Japan trade surplus less than expected
Japan's trade surplus grew by 15.2% in May over one year to 324,200,000,000 yen (EUR 3 billion), thanks to strong exports to Asia and emerging markets.A smaller than expected increases (50% expected), however, shows that trade in the country have suffered from the crisis in Europe.
In May, exports surged 32.1% year on year to 5.311 billion yen, helped by strong sales abroad of machinery (+42.6%) and cars (45.9% )
Exports to China increased notably (25.3%) and other Asian countries such as Thailand (73.3%), Indonesia (73.5%) and Malaysia (57, 1%) low fee payday loans. They have also increased to India (+52.1%), Brazil (+47.8%) and especially Russia (177.1%).
Imports have increased their share from 33.4% to 4,986.8 billion yen.
Yuan steady
The Chinese central bank set a central parity of the yuan virtually unchanged from Thursday to Wednesday.This meant the weekend its intention to revive a system of exchange rates more flexible. And mercreid Tuesday and hit the central parity, which it fixes every day and around which the exchange rate dollar / yuan may vary by plus or minus 0.5%.The yuan has begun to appreciate since Monday.
The institution has decided on a course of 6.8100 yuan against the dollar, instead of 6.8102 yuan to one dollar a day, according to a statement available on its website.
Oil down
Crude prices have continued to drop Thursday (76.16 dollars) in electronic trading in Asia, driven by anxiety about U.S. demand, world's largest consumer.
The latest indicators from the U.S. Department of Energy (DoE) showing an increase of two million barrels in crude inventories have worried investors, who had forecast a decline of one million barrels in the week concluded on June 18 This increase in weekly crude oil inventories reported in effect weakening demand.