{"id":47174,"date":"2014-02-06T08:37:51","date_gmt":"2014-02-06T13:37:51","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=47174"},"modified":"2014-02-06T08:37:51","modified_gmt":"2014-02-06T13:37:51","slug":"asian-stocks-mixed-ahead-of-us-jobs-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/02\/06\/asian-stocks-mixed-ahead-of-us-jobs-report\/","title":{"rendered":"Asian Stocks Mixed Ahead of US Jobs Report"},"content":{"rendered":"

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

Shares in the Asian region advanced for a second day on Thursday as Australia reported an upbeat trade surplus on exports to China and comments from the deputy governor of the Bank of Japan (BoJ).<\/p>\n

Market participants are looking forward to the release of the US unemployment and payroll reports tomorrow and the European Central Bank (ECB) decision on the monetary policy.<\/span><\/p>\n

The Japanese Nikkei 225 index climbed 0.18% higher at 14,155.12 points, while Tokyo\u2019s Topix index declined 0.02% lower, closing at 1,162.37 points.\u00a0 Hong Kong\u2019s Hang Seng index climbed 0.60% to 21,395.19 points at the time of writing, while the Shanghai Stock Exchange closed for the Chinese New Year holiday. Korea\u2019s benchmark Kospi index advanced 0.88% higher, closing at 1,907.89 points.<\/p>\n

Stocks – BoJ, ECB<\/span><\/h2>\n

Kikuo Iwata, Deputy Governor of the Bank of Japan (BoJ) commented on the bank\u2019s monetary easing, saying the bank would continue its monetary easing until the inflation rate reaches the bank\u2019s 2% target.<\/p>\n

Meanwhile, European Central Bank policymakers are expected to meet to discuss the bank\u2019s interest rate after inflation slowed to a four-year low last month. Analysts are expecting officials to maintain rates.<\/p>\n

Stocks – Australia Upbeat Data<\/span><\/h2>\n

Stocks in Australia climbed on a string of positive macroeconomic data on Thursday. The country\u2019s benchmark S&P\/ASX index closed 1.20% lower at 5,131.40, while Australia\u2019s trade balance came in higher in December as exports came in 4% higher from the November.<\/p>\n

Australia reported a trade surplus of A$468 million in December, according t o the Australian Bureau of Statistics. Trade data with China, Australia\u2019s biggest trading partner hit a record.<\/p>\n

Australia\u2019s retail sales came in 0.5% higher month-on-month in December, compared to the previous figures of 0.7% seen in November.<\/p>\n

Stocks – US Payroll & Jobless Claims Report<\/span><\/h2>\n

With reports for the US payrolls and unemployment reports expected to be released on Friday, analysts are expected to see the US unemployment figures come in at 6.7% in January. US companies increased payrolls by 175,000 in January, according to reports from the ADP Research Institute.<\/p>\n

 <\/p>\n

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The post Asian Stocks Mixed Ahead of US Jobs Report<\/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 Shares in the Asian region advanced for a second day on Thursday as Australia reported an upbeat trade surplus on exports to China and comments from the deputy governor of the Bank of Japan (BoJ). Market participants are looking forward to the release of the US unemployment and payroll reports … <\/p>\n

Continue reading “Asian Stocks Mixed Ahead of US Jobs Report”<\/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-47174","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/47174","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=47174"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/47174\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=47174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=47174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=47174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}