Asian stocks set for a 19-month high on U.S. employment data

Source: Bloomberg
The MSCI Asia Pacific Index rose 0.7% to 136.56 points by midday session in Tokyo on Monday. That was the highest index's value since 2nd of August, 2011. Investors in Asia were trading on positive U.S. job data, which beat economists' estimation and indicated that the biggest world economy is doing well.
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Mon, 11 Mar 2013 12:11:04 GMT

China's output indicates the weakest start since 2009

China announced that industrial production rose 9.9% and retail sales advanced by 12.3% in the first two months, according to a government report on March 9. However, that was the weakest performance of production data since 2009 and retail sales growth cooled. Economists say that China's economy will face a substantial improvement in demand from the U.S., which just announced a fall

Mon, 11 Mar 2013 11:16:04 GMT

Corn soared after USDA revised its estimates

Farm commodities except for sugar were bullish on Friday after closely-watched USDA monthly report on the US and world's grain supplies. Moreover, deteriorating weather conditions in the US Great Plains lifted wheat prices. Coffee continued to draw strength from worries over spreading coffee leaf rust in Central America. Wheat inched up as GFS weather model continued to show lower

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