"Investors have enough reasons to believe that policy makers [in the U.S., Europe and China] will act"
- Shane Oliver, Sydney-based head of investment strategy at AMP Capital Investors Ltd.
Japanese stocks extended gains on Thursday amid speculation lawmakers in the U.S., Europe and China will act to spur growth.
The Nikkei 225 gained 1.24 per cent, or 106.19 points, to 8,639.72. The broader Topix rose 1.70 per cent, or 12.19, to 730.75.
"Investors have enough reasons to believe that policy makers will act," said Shane Oliver, Sydney-based head of investment strategy at AMP Capital Investors Ltd.
"U.S. officials sound a bit more dovish lately, and similarly in China. China may be getting close to easing. All of those things have led to a degree of confidence."
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