Japan benefits from information that point to more quantitative measures
Japan closes with his second straight day of gains (Nikkei: 1.3%; Topix: +1.1%) thanks to information aimed at the quantitative measures and the good results and forecasts of U.S. semiconductor manufacturer Applied Materials.
Japan's Sankei newspaper said the Bank of Japan injected more money into the financial system to weaken the yen and keep financing costs low. Analysts at Mitsubishi UFJ Asset Management pointed out that "the expectations of more monetary and fiscal measures to combat the strong yen are rising. More companies revised their profit forecasts as the probability of a relapse into recession diminished. "
In addition, the chip equipment maker Tokyo Electron has led gains in the Nikkei after the good news from Applied Materials. The American public last night after the closure of Wall Street profits and exceeding the consensus forecast.
- Still far from the record reached in 2007, the number and value of transactions in the stock market drop has increased substantially in the first half of ... »
- Saturday, August 07, 2010
- Luis M., 38, found in May he wanted to buy the house. Freelance designer and developed a significant career in New York, Luis was ready to pay ... »
- Thursday, August 12, 2010
- The Banco do Brasil, the largest in the country, today confirmed its strategy of entering the U.S. market and gain a financial institution in the country. ... »
- Monday, August 09, 2010
- For the first time since 2006 the U.S. banks have relaxed credit standards for small businesses, according to officials conducted quarterly survey of 57 U.S. banks and ... »
- Friday, August 20, 2010