Tuesday, May 10, 2016

Japan is leading the way in Asia – OBI Online

The Asian markets are mostly green Tuesday morning, led by solid upturn in Tokyo.

The analyst Angus Nicholson in IG Markets said to CNBC that the upturn in the short term is characterized by a rise in the dollar and lower oil prices .

WTI oil is in the morning down 0.32 percent to $ 43.30 a barrel, while Brent oil is gaining 0.18 percent to $ 43.71 a barrel.

Among other news, according to fresh figures that the consumer price index in China was up 2.3 percent over the year in April, compared to the expected 2.4 percent. Producer prices fell while 3.4 per cent, against the expected 3.8 percent.

Nikkei 225 in Tokyo is up 2.07 percent, while the broader Topix index put on 2.11 percent.

Australian S & amp; P / ASX 200 was up 0.15 percent, Shanghai Composites rising 0.19 percent and Kospi in South Korea put on 0.46 percent.

Hang Seng index in Hong Kong is on his side down 0.05 percent.

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