Nikkei 225 settles 0.6% up, commodity shares rebounds

Source: Dukascopy Bank SA
Japan's Nikkei Stock Average climbed on Wednesday after nation's machinery orders surpassed estimates. Moreover ECB approved a plan to guarantee deposits. Nikkei 225 added 0.6% or 51.12 points and closed at 8,587.84. Canon weakened  1.1% as Credit Suisse reduced its price target for the equities.  Commodity linked shares rose on optimism for possible stimulus.  Kobe Steel climbed 2.2% and Toho Zinc ascended 2.1%. Heavyweight Fast Retailing gained 1.8%. 

Back to articles

Actual Topics

Wed, 13 Jun 2012 11:05:41 GMT

China's growth may slid below 7% in Q2

China's economic expansion may fall below 7% in Q2 in case economic weakness persists in June, said Zheng Xinli, government's adviser.  If the situational starts to improve, the GDP growth is likely to attain the lowest expansion pace in Q2, reported Jia Kang, head of the Finance Ministry. Meanwhile, according to Reuter's survey, China's economy is expected to grow by

Wed, 13 Jun 2012 17:39:42 GMT

South Korea's unemployment drops to 3.2%

South Korea's jobless rate reached its bottom in four months due to the continued recruitment boost in the service segment. According to Statistics Korea, the country's unemployment in May fell to 3.2% in contrast to the previous month's 3.4%. However, Ronald Man, HSBC Holding PLC's analyst, stated that as Korean manufactures are becoming more restrained, this could negatively impact the production output, and, consequently, weaken

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.