Debt Markets European Stocks Boost Asia

Posted on Friday, January 13th, 2012 at 6:01 am

The strong demand for debt securities issued by Spain and Italy have pushed the stock price index in Asia increased to its highest level in the past month. It was also due to declining interbank lending rate which indicated concerns over credit tightening began to loosen.

This good news also adds to the bond issuance activity in the primary market in Asia. As usual, when the stock market higher, investor interest in gold assets declined. It is characterized by a decline in metal prices starting position of 0.4 percent to 1640 U.S. dollars per troy ounce.

Reuters news agency reported from Tokyo, Japan, and Hong Kong, Friday (01/13/2012) this.

However, crude oil prices declined after the EU gave a positive signal for the delay of economic embargo on Iran. It was at once break the Iranian plan that would close the Strait of Hormuz.

Japan’s Nikkei Stock Exchange recorded a gain 1 percent on average after the stock market there is support from the United States, an end to trade with highs in the last five months.

“Tight market will soon shift from the extreme pessimism of last year, when people are less confident about the debt crisis in Europe into positive thinking. Sentiment is moving the market so in equity and commodity prices will rise. Now, only a matter of time, when are you going to change, “said fund manager Astramax Co., Tetsu Emori, in Tokyo.


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