{"id":40256,"date":"2013-07-23T05:38:08","date_gmt":"2013-07-23T09:38:08","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=40256"},"modified":"2013-07-23T05:38:08","modified_gmt":"2013-07-23T09:38:08","slug":"asian-stocks-rises-on-fed-stimulus","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/23\/asian-stocks-rises-on-fed-stimulus\/","title":{"rendered":"Asian stocks rises on Fed stimulus"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Stocks in the Asian market continued rising to a two-month high on Tuesday , after the Federal Reserve (fed) hinted that cuts to the bond-purchasing program , would not begin any time soon .<\/p>\n<p>The Chinese Premier Li Kegiang assured that the country\u2019s economy will not slow down in any circumstances below a 7% economic growth rate.<\/p>\n<p>&#8220;The bottom line for gross domestic product (GDP) growth is 7 percent and the nation can\u2019t let growth go below that,&#8221; the Chinese Premier Li announced on Tuesday.<span id=\"more-2116\"><\/span><\/p>\n<p>Investors are expecting a weak US home re-sale data will delay the Federal Reserve (Fed) from slowing down its monthly $ 85-billion purchasing program.<\/p>\n<p>In Japan, the Nikkei 225 gained 0.80% to 14,778.51 at the closing bell, while the broader Topix index closed 0.48% higher to 1,222.72.<\/p>\n<p>The Hong Kong\u2019s Hang Seng climbed 2.20% to 21,886.69 and the Chinese mainland Shanghai Composite jumped 1.95% to 2,043.88 at the closing bell.<\/p>\n<p>The Australian S&amp;P\/ASX 200 remained unchanged, with a slight gain of 0.10% to 5,007.10, while in South Korea; the Kospi advanced 1.12% to 4,034.69.<\/p>\n<p>The Chinese economy is expected to slowdown to approximately 7.5% on an annual rate in the second quarter this year, and a second quarterly slowdown with a forecasted growth of a low 1.8%.<\/p>\n<p>The North American crude reacted to the disappointing US data published on Monday , revealing home sales for June declined 1.2% in re-sales\u00a0\u00a0 , with an annual adjusted figure\u00a0 of 5.08 million.<\/p>\n<p>However, the markets were pleased with the Figures from Monday\u2019s reading, the second strongest figure since 2009, showing the housing sector is strengthening from its weakness.<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/asian-stocks-rises-on-fed-stimulus.html\">Asian stocks rises on Fed stimulus<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Stocks in the Asian market continued rising to a two-month high on Tuesday , after the Federal Reserve (fed) hinted that cuts to the bond-purchasing program , would not begin any time soon . The Chinese Premier Li Kegiang assured that the country\u2019s economy will not slow down in any &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/23\/asian-stocks-rises-on-fed-stimulus\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Asian stocks rises on Fed stimulus&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-40256","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=40256"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40256\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=40256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=40256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=40256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}