Asian shares headed to pare two-day decline

Source: Bloomberg
© Scanpix/Reuters
Asian shares advanced, with the regional MSCI Asia Pacific Index on course to pare a two-day decline, as Japan's Topix index is set for its highest level at the close in almost two months. The MSCI Asia Pacific Index added 0.5% to 135.53 at 3:51 p.m. Tokyo time. At the same time, this equity-benchmark has climbed 4.3% this year to date.
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Tue, 16 Jul 2013 10:18:08 GMT

Japan stocks advance to highest level in two months

Japanese stocks gained, with the Topix index reaching the highest level in two months at the close, on Japan's earnings optimism. The Topix added 0.7% to 1,210.54 at the end of the trading session and it was the equity-benchmark's highest closing level since May 22. The Nikkei 225 Stock Average climbed for a third straight day, increasing 0.6% to 14,599.12.

Tue, 16 Jul 2013 09:45:29 GMT

Euro jumps matching ZEW survey expectations

The common currency advanced versus the U.S. Dollar, before ZEW survey release which is forecast to show rise in this month, therefore signaling growth in the activity of the biggest European economy. The Euro block's currency gained 0.17% to $1.3084 versus the greenback and inched up 0.09% versus the Pound, and climbed 0.12% to 130.54 against the Japanese Yen.

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