Asian stocks rise amid housing sales

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Source: Bloomberg
© Scanpix/FP
Asian shares increased on Tuesday with the local benchmark index heading to the strongest closing price since June 2008 after the U.S. report showed that housing sales increased and amid speculation about further stimulus measures by central banks. The MSCI Asia Pacific Index advanced 1% to 141.92 as of 8:23 p.m. Tokyo time, while the index has gained 4.7 % this month.

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Tue, 30 Apr 2013 15:16:03 GMT

Euro falls, French yields drop amid more stimulus speculation

The 17-nation bloc currency rose together with European government bonds, when the yield of French notes recorded a historical low as weaker inflation raised a chance of more stimulus measures added by central banks. The Euro fell 0.2% to $1.3074 and it declined 0.4% to 127.52 per yen, while the French 10-year yields dropped to 1.70%.

Tue, 30 Apr 2013 10:07:04 GMT

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