23:20
Unknown
Japanese stock-index futures rose with Australian shares after global equities rallied to the highest in almost six years amid optimism U.S. economic growth is accelerating. The yen weakened and oil declined a second day.
Nikkei 225 Stock Average futures rose 0.1 percent to 15,890 by 3 a.m. in Osaka and traded at 16,045 in Chicago yesterday after the gauge closed at 15,870.42 in Japan on Dec. 20. Australia's S&P/ASX 200 Index added 0.3 percent. Standard & Poor's 500 Index futures were little changed after the gauge climbed to a record. The yen slid against 14 of its 16 major peers. West Texas Intermediate oil fell 0.3 percent.
Japan's markets open after a three-day break as the nation's cabinet is scheduled to approve the budget outline for 2014. Investors await signs of whether China's central bank will inject money into financial markets as money-market rates remain elevated. The U.S. releases data on durable goods and new home sales today after reports yesterday showed consumer spending and sentiment rose.
"Even though it might look like the markets are getting to record highs and people are concerned that things might be getting overheated, I'm not really that concerned," Brian Jacobsen, who helps oversee $236 billion as chief portfolio strategist at Wells Fargo Advantage Funds in Menomonee Falls, Wisconsin, said in a Bloomberg Television interview. "If you look at what has driven the market higher, it's been pretty good economic news. The Fed is still being very accommodative."
The MSCI All-Country World Index yesterday closed at the highest level since January 2008 as the International Monetary Fund indicated it would raised its outlook for the U.S. economy. Data yesterday showed U.S. consumer spending rose in November by the most in five months while consumer sentiment climbed in December to a five-month high.
To contact the reporters on this story: Glenys Sim in Singapore at gsim4@bloomberg.net; Adam Haigh in Sydney at ahaigh1@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net
via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEj_FIMQC1S-vJmmSbQ_fGcBO52Vw&url=http://www.bloomberg.com/news/2013-12-23/japanese-stock-futures-gain-with-australian-shares-as-oil-drops.html
Put the internet to work for you.
Posted in: Tablets 4 Kids
0 comments:
Post a Comment