"Expectations the Fed and ECB may take action to prevent the real economy from deteriorating are supporting stocks"
- Koichi Kurose, chief economist in Tokyo at Resona Bank Ltd.
Japanese stocks rose on Tuesday on expectations the Fed will ease policy and ECB will cut interest rates.
The Nikkei 225 Stock Average increased 0.70 per cent, or 63.11 points, to 9,066.59. The broader Topix Index rose 1.01 per cent, or 7.77, to 777.11.
"Expectations the Fed and ECB may take action to prevent the real economy from deteriorating are supporting stocks," said Koichi Kurose, chief economist in Tokyo at Resona Bank Ltd.
"Negative economic data has already been factored into stock prices."
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