Obama: U.S. Must Manage Smarter Tax. Barack Obama took the time to serve an interview with CBS TV channel before watching the final superbowl. In brief opportunity some time ago, the president of the United States stated that the country could reduce its budget deficit by closing tax loopholes. He also signaled it is ready to lower the expenditure of funds by way of a 'smart'. By minimizing the tax gap, the government can continue to spend money on national economic progress without having to raise taxes again. "During the American tax system is fair and transparent, our economy can keep going," Obama said. Through a more stringent tax discipline, he believes that will not occur, including the escape of funds to other countries with lighter tax liability. In addition, the White House are working on health care reform more thoroughly. President Obama wants Americans are more frugal in spending money allowance, because the country is so far in the country spendthrift health affairs. "No doubt, we need to increase revenue while reducing spending intelligently," he concluded.
With Dell Deal Closer
Negotiations for an agreement that may bring lasting Dell Inc. closed this week may be realized as soon as Monday, according to several media reports. Informed source said that Dell is getting closer to an agreement of sale to a consortium led by Michael Dell, founder and chief executive of the company. "We have no comment on speculation," said David Frink, a Dell spokesman, told MarketWatch. The purchase agreement may be brought Dell to $ 13 to $ 14 per share, which would give the company between $ 22.6 billion to $ 24.4 billion, says Reuters.
5 Important Signals Before the Open Market
With Dell Deal Closer
Negotiations for an agreement that may bring lasting Dell Inc. closed this week may be realized as soon as Monday, according to several media reports. Informed source said that Dell is getting closer to an agreement of sale to a consortium led by Michael Dell, founder and chief executive of the company. "We have no comment on speculation," said David Frink, a Dell spokesman, told MarketWatch. The purchase agreement may be brought Dell to $ 13 to $ 14 per share, which would give the company between $ 22.6 billion to $ 24.4 billion, says Reuters.
5 Important Signals Before the Open Market
- EUR last traded at 1.3644 rate, down from a session high at 1.3661, and is still flat since the closing on Friday. The euro fell from 14-month high at 1.3711 figure, which was recorded on Friday following the NFP data, which rose 3.4% since it opened in 2013. JPY seen touching the highest level since early April 2010, which was last seen at 92.92, still looks almost flat from its close on Friday.
- Hong Kong's stock market, Hang Seng moved higher early Monday as financial stocks and property sector moves stocks rally after Wall Street on Friday, lifted by improved U.S. monthly jobs data. Japan's stock market, the Nikkei moved higher in morning trading, with the Nikkei index rose as much as 0.3% to 11,226.76. Performance of Wall Street provides support for Asian markets, after U.S. jobs data helped the stock posted a gain.
- In early Asian trading session, oil prices moved down as profit taking by some investors, clearly trader based in Singapore.
- Release data of employment ads in newspapers and the internet Australia showed decreased 0.9% for the period January from December. The figure indicates a sharp decline in the number of employment ads in recent months, according to a survey conducted by the ANZ Bank.
- Negotiations for an agreement that may bring lasting Dell Inc. closed this week may be realized as soon as Monday, according to several media reports.
Weakening Yen Exporters chock Nikkei
The continued weakening yen today (Monday, 4/02) triggered the automotive exporter in Tokyo bourse rebounded asides dragged down by Wall Street rally last weekend. Noted Nissan Motor Co shares. soared to 3.53% and Mitsubishi Motors Corp. jumped 2.94%. While Sharp Corp. rebounded to 5.8% after the company announced last week that quarter net loss narrowed. While iron and steel producer JFE Holdings Inc. shot up thanks to the ranking status was helped by an upgrade to 'buy' from previous 'neutral' at Daiwa Securities. Today, the Yen fell sharply back up to the level of 92.90 after rising to its weakest at 92.96 at the end of last week (1/2) after the Japanese economic data emerging disappointing. So the Nikkei rallied up to a high level in the last 33 months, mainly due to the revival of investor optimism towards the weakening yen is expected to help exporters.
Greening Asia Global Recovery Optimism
Starting this week (Monday, 4/2), the majority of the stock exchange in Asia to move in the positive zone again thanks to rising optimism that the market rally triggered by Wall Street to its highest level in five years last weekend. Wall Street bolted after the day's economic data improved estimation iru beyond expectations so as to maintain a solid U.S. economic recovery. Besides continuing monetary easing from the Federal Reserve, helped lift risk appetite. While the release of manufacturing data from Europe and China were solid, it also strengthens sentiment to pick up some more of having a portfolio. On Friday, data showed U.S. non-farm payrolls figures still showed a significant increase of 157 thousand in January, it was almost in line with expectations and market analysts. While the ISM manufacturing PMI figures experienced a surge to 53.1 from the previous 50.7. data and construction spending also rose by 0.9% from the previous 0.1%.
In Asia, the Nikkei - Japan rallied back up to a new high level in the last 33 months thanks to the revival of investor optimism towards the weakening yen is expected to help exporters. Today, the Yen fell sharply back up to the level of 92.90 after rising to its weakest at 92.96 at the end of last week (1/2) after the Japanese economic data emerging disappointing. Besides increased optimism about the economy and the easing of the euro zone's debt problems, make investors willing to take greater risks.
Kospi Index - South Korean equities rally because the world soared after Wall Street scored a high level in five years last Friday due to the rise of sentiment thanks to strong economic data. Market sentiment is still positive after the release of data on exports of South Korea's improved so as to provide a bright outlook for the corporate sector. The level of demand throughout the month of January, exports surged by 11.8% from the previous -5.7% decline. Data export is the first increase in eight months.
While the Stock Exchange of Hong Kong - Hang Seng rallied as observed also lifted by financial and property stocks are soaring after Wall Street rebound thanks to a solid workforce of data at the end of last week. Furthermore rally Hang Seng was also lifted by China's Shanghai market rose after the number of non manufacturing PMI in January - Released on Sunday had passed. It also emits optimism that the improvement in China's economic figures put the bamboo curtain country is now in a solid recovery phase.
The continued weakening yen today (Monday, 4/02) triggered the automotive exporter in Tokyo bourse rebounded asides dragged down by Wall Street rally last weekend. Noted Nissan Motor Co shares. soared to 3.53% and Mitsubishi Motors Corp. jumped 2.94%. While Sharp Corp. rebounded to 5.8% after the company announced last week that quarter net loss narrowed. While iron and steel producer JFE Holdings Inc. shot up thanks to the ranking status was helped by an upgrade to 'buy' from previous 'neutral' at Daiwa Securities. Today, the Yen fell sharply back up to the level of 92.90 after rising to its weakest at 92.96 at the end of last week (1/2) after the Japanese economic data emerging disappointing. So the Nikkei rallied up to a high level in the last 33 months, mainly due to the revival of investor optimism towards the weakening yen is expected to help exporters.
Greening Asia Global Recovery Optimism
Starting this week (Monday, 4/2), the majority of the stock exchange in Asia to move in the positive zone again thanks to rising optimism that the market rally triggered by Wall Street to its highest level in five years last weekend. Wall Street bolted after the day's economic data improved estimation iru beyond expectations so as to maintain a solid U.S. economic recovery. Besides continuing monetary easing from the Federal Reserve, helped lift risk appetite. While the release of manufacturing data from Europe and China were solid, it also strengthens sentiment to pick up some more of having a portfolio. On Friday, data showed U.S. non-farm payrolls figures still showed a significant increase of 157 thousand in January, it was almost in line with expectations and market analysts. While the ISM manufacturing PMI figures experienced a surge to 53.1 from the previous 50.7. data and construction spending also rose by 0.9% from the previous 0.1%.
In Asia, the Nikkei - Japan rallied back up to a new high level in the last 33 months thanks to the revival of investor optimism towards the weakening yen is expected to help exporters. Today, the Yen fell sharply back up to the level of 92.90 after rising to its weakest at 92.96 at the end of last week (1/2) after the Japanese economic data emerging disappointing. Besides increased optimism about the economy and the easing of the euro zone's debt problems, make investors willing to take greater risks.
Kospi Index - South Korean equities rally because the world soared after Wall Street scored a high level in five years last Friday due to the rise of sentiment thanks to strong economic data. Market sentiment is still positive after the release of data on exports of South Korea's improved so as to provide a bright outlook for the corporate sector. The level of demand throughout the month of January, exports surged by 11.8% from the previous -5.7% decline. Data export is the first increase in eight months.
While the Stock Exchange of Hong Kong - Hang Seng rallied as observed also lifted by financial and property stocks are soaring after Wall Street rebound thanks to a solid workforce of data at the end of last week. Furthermore rally Hang Seng was also lifted by China's Shanghai market rose after the number of non manufacturing PMI in January - Released on Sunday had passed. It also emits optimism that the improvement in China's economic figures put the bamboo curtain country is now in a solid recovery phase.
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