{"id":41464,"date":"2013-08-29T06:38:08","date_gmt":"2013-08-29T10:38:08","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=41464"},"modified":"2013-08-29T06:38:08","modified_gmt":"2013-08-29T10:38:08","slug":"asian-stocks-in-green-on-surging-crude","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/29\/asian-stocks-in-green-on-surging-crude\/","title":{"rendered":"Asian Stocks In Green On Surging Crude"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Major Asian stocks \u00a0were seen climbing on Thursday, as investors scaled back the massive sell-offs following the recent chaos in the markets. The geopolitical turmoil in the Middle East, especially in Syria and Egypt added more speculations to the tapering of the US central bank\u2019s bond-buying program, which resulted to a massive sell-off.<\/p>\n

On Thursday, the market\u2019s rebound was driven by the advance in crude oil prices, with the North American WTI reaching the $110-level for the first time in over two weeks, as investors\u2019 worries over the possible military intervention in Syria.<\/span><\/p>\n

The recent fall in equities was cut short as investors awaits more clues from the awaited US Federal Reserve (Fed) Open Market Committee\u00a0 (FOMC) meeting, which is scheduled for September 17-18.<\/p>\n

Asian Stocks \u2013 Japan\u2019s Nikkei Rebound<\/span><\/h2>\n

The Japanese benchmark Nikkei 225 rose 0.91 to 13,459.71 points, rebounding from its two-month low.<\/p>\n

Tokyo is eager to win as the host for the 2020 Summer Olympic Games, with the International Olympic Committee is expected to announce its decision on September 7.<\/p>\n

If Japan\u2019s capital wins as the host against Madrid, the capital\u2019s construction sector and stocks is expected to rise.<\/p>\n

Japan\u2019s Prime Minister Shinzo Abe intends to carry out his economic plans towards ending the 15-year period of deflation at the G20 summit in Russia on September 5-6.<\/p>\n

Japan\u2019s largest oil driller Inpex, gained the most as it advanced 5.2%, while the Electric Power declined 6.7% lower, the biggest fall in the session.<\/p>\n

Tokyo\u2019s broader Topix index was seen in green as well, climbing 0.19% higher to 1,116.18 points.<\/p>\n

Asian Stocks – China <\/span><\/h2>\n

The trading session in China was seen mixed on Thursday. Hong Kong\u2019s Hang Seng index jumped 0.42% to 21,616.00 points, while the mainland Shanghai composite declined 0.31% to 2,094.77 points. The stock market in China was driven by the oil sector, as the biggest offshore oil driller in the country, Cnoonc, was seen in rising 0.5%.<\/p>\n

The country\u2019s largest oil company, PetroChina, advanced 1.9% and Kunlun energy rose 2% following its huge loss in the previous session. Hong Kong index, Sino Land was seen climbing the most, as it gained 2.8%.<\/p>\n

 <\/p>\n

Interested in trading shares in Asian Markets? \u00a0Visit<\/i><\/strong>\u00a0www.hymarkets.com<\/a><\/strong>\u00a0today and start trading from $50!\u00a0<\/strong><\/i><\/b><\/strong><\/p>\n

 <\/p>\n

The post Asian Stocks In Green On Surging Crude<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Major Asian stocks \u00a0were seen climbing on Thursday, as investors scaled back the massive sell-offs following the recent chaos in the markets. The geopolitical turmoil in the Middle East, especially in Syria and Egypt added more speculations to the tapering of the US central bank\u2019s bond-buying program, which resulted to … <\/p>\n

Continue reading “Asian Stocks In Green On Surging Crude”<\/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-41464","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41464","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=41464"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41464\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=41464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=41464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=41464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}