Free Trial

The Nikkei 225 went into the lunch break.....>

STOCKS
STOCKS: The Nikkei 225 went into the lunch break up 313.03pts at 22324.64,
Japanese stocks near all time highs as the information technology sector
outperforms, Sony reported record earnings boosting the Topix. The weakened Yen
also helping to boost Japanese stocks as Kyodo the Tokyo news outlet reported
Japanese Prime Minister Abe is going to order an extra budget meeting later
today.
- The Hang-Seng is gaining after Caixin Manufacturing PMI came in as expected,
information technology the best performing sector. South Korea's Kospi index up
despite their Caixin PMI coming in lower than previous and Australia's ASX200 is
up after an increase in AiG Manufacturing PMI reported at 55.5 from 53.8.
- Wall Streets main indices ended the overnight higher ahead of the FOMC meeting
on Wednesday whereby little should change as a December rate hike remains priced
in, during the Asia-Session Polito reported U.S. Republicans have decided they
will delay the tax bill to be unveiled on Thursday instead of Wednesday.
European stocks also ended the overnight higher ahead of Thursday's BOE MPC
where a rate hike is probable.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.