Still While GBPJPY weak Step Above 142.00

Still While GBPJPY weak Step Above 142.00. GBPJPY currently at 142.30, near the weekly low and low session, down 0.92% for the week so far. Unag pair fell generally related to the strengthening yen, and combined with the weakness of Sterling, even though the load is still due to the movement of the yen, the yen is in session low at 90.67, compared to a decrease Sterling themselves recorded in 1.5692, off 5 month low at the 1.5670 figure. Support nearest to move down GBPJPY was at U.S. session low at 142.18 points, followed by a low 15/21 January at 141.74/63 and the low numbers January 17 / January 23 height. To increase the resistance movement was recorded in high near 16/22 January, followed by the U.S. session high at 143.27 and weekly high yesterday at 144.00.

EURJPY Stuck At 21 Month High Short 123.00

EURJPY moving down 0.36% for the week so far, is now in session low at 121.92, off a session low in London and low weekly rate 121.61, and down from the opening session yesterday at 122.92 points. The yen also weighed down by the burden of a weakening EURJPY, where Yen was last seen in the area of ​​session low at 90.66. "EURJPY pair will return to lead the movement of world currencies in Asia and there is a strong technical resistance at 123.10/20 which will continue to be", says founder FXWW, Sean Lee, adding: "This represents a decline retracement level from 170 to 94, the same as weekly high. There is also a discussion on protection limits the number 123.00. "The pair has moved up more than 6% since the beginning of the year, and barely moved higher by 20% in mid-November in past. Support close to moving to EURJPY fell in the low area of ​​the London session at 121.61 points, followed by high Thursday at 121.31
and the January 18 high at 120.71 points. For the rising movement, nearest resistance is shown in the U.S. session / high Friday at 122.63/76 numbers, followed by a new 21-month high and the weekly high yesterday at 122.93 points, and the height 11 April 2011 at 123.32.

Aussie Return to Area Above 1.0420

Aussie is currently restoring the area for this week's opening price at 1.0421 figure, remove the 4-week low of 1.0383 on the number that occurred in early U.S. session. "Reports say that the inter-bank asset managers in particular, are ready to take action to buy at the bottom," notes founder FXWW, Sean Lee, adding: "the price is practically back in the trading range (before). Prices in general are still bearish but I will not chase prices move lower. " Resistance movement up close to the Aussie will be weekly and the high initial price today 10 423/9, followed by the high on Friday at 1.0468 and the January 18 low at 1.0483 figure. For the movement of descent, are closest support low figures Friday at 1.0402, followed by a weekly low on Monday at 1.0383 and the low numbers January 2, 2013 at the 1.0371 figure.

Yen in the range 90.85-90.55, Action Buy Lurking In 90.00/90.20

Since the series of upward movement that is triggered since January 23, which led to the top of the movement as a form in figure touched 91.20 after 90.20 resistance area, the yen continues to show consolidation movement. The yen has been reached between the trade parameter range that lies between 90.55/60 support, test at least 5 times to reach that level, while 90.85 daily resistance proved to be a failed test setelh penetration through 91.00 on Monday. Upward movement turned into a tight consolidation movement, the movement is still in the range of 30/50 pips above the 90.00/90.20 area, where the perpetrators of buying in the market is still waiting for an opportunity to join the bullish movement.

Hang Seng Negative : ICBC and Property

Hong Kong stocks opened lower Tuesday is thin as property stocks and some stocks fell after China's banking stocks overnight experience performance degradation. The Hang Seng Index fell 0.2% to 23,628.27 related continues consolidation after the index rose at the beginning of the year, and China's Hang Seng index fell 0.4% to 12,049.13. Shares of Sino Land Co. fell 1.2% and New World Development Co. slumped 1.4%. Shares of Industrial & Commercial Bank of China Ltd. slumped 2.4% related news that Goldman Sachs on Monday launched the sale of shares worth $ 1 billion.

Property & Banking domination HSI decline

Hong Kong Stock Exchange - Hang Seng (HSI) observed to move in a negative number in the trading day on Tuesday (29/01) because the shares were dragged down property developers and mainland Chinese banks fell today after slumping most of the U.S. equities overnight. The Hang Seng Index fell -0.17% recorded (-40.54 points) in the area of ​​23,630.64 due to the persistent level of consolidation after the strong performance earlier in the year. While the Shanghai Composite index - China gained 0.1% to 2,349.56 range, and adding a solid gain on Monday. Recorded Sino Land Co stocks. fell 1.2% and New World Development Co. declined 1.4%. While shares of Industrial & Commercial Bank of China Ltd.. fell 2.4% after news emerged on Monday Goldman Sachs to sell its stake in a number of banks listed in Hong Kong up to $ 1 billion for a share of ownership in Chinese banks.

Post Resume Oil Strengthening U.S. Data Release

U.S. crude oil contracts moved higher on Tuesday, slightly below the high last 4 months that occurred last week, after a promising business expenditure data reinforces the belief that the recovery in the world's biggest crude consumer is still in line with the economic recovery. U.S. crude oil contract rose 9 cents to $ 96.53 a barrel, still 40 cents lower than the high figures 4 months at $ 96.92 which occurred on January 23. Prices held up 56 cents at $ 96.44 per barrel figures in the previous session. Brent oil contract went up 2 cents to $ 113.50 figure, after the closing session by moving up 20 cents at $ 113.48 per barrel figure.

Kospi Rally, thanks to maneuver Samsung Electronics
Kospi Index - South Korea finally rose today (Tuesday, 29/01) after yesterday's massive selloff occurs by foreign investors who made major bourses plummeted. Index rallied today mainly due to investor focus has now shifted from the currency to economic fundamentals and corporate earnings reports. Technology giant Samsung Electronics recorded a gain of 1.2 percent in early trade, after a four-session winning streak decline and loss of 15.9 trillion Korean won Monday's market capitalization. Today, the index rose 0.70% recorded moving at area level or earn points at 1953.32 +13.61, while the Kospi futures also rallied as much as 0.62% or 1.60 points at 257.85 range.

Gold Close to 2-1/2 week low Fades As charm

Gold prices moved up on Tuesday but fell back later, not far from the low ver the past 2-1/2 weeks that occurred in the previous session when the U.S. economic data that promises to stimulate optimism for economic recovery, bringing investors to avoid assets safe- havens such as gold. Spot gold moved up 0.2% to $ 1,656.91 an ounce, after the fourth session in a row down. Price dropped to $ 1.651.93 on Monday, the lowest since Jan. 9.

U.S. gold futures also moved up 0.2% to $ 1,656.20.

Fitch rating Agency reconsider the possibility of a U.S. debt rating cut today in the position of AAA, saying the country's debt limit has cut short-term risk of erosion, but warned that the danger of impending cuts U.S. rating has yet to be completed.

Still Stunted, Nikkei Raised KDDI

Rally Nikkei - Japan's return appears stalled in trading Tuesday (29/01) due to the Yen has strengthened today when compared to yesterday session. However, the Nikkei is still moving in a positive number because lifted by KDDI Corp. shares jumped by about 4 percent after the company yesterday reported that its quarterly net profit almost doubled thanks to the surge in smartphone sales. The Nikkei edged up now recorded in the range of 0.77% 10908.21, up +83.90 points, helped achieve and Nikkei futures gain 95 points at the 10,910 area.

Nikkei Enters Phase Correction Temporary - Forex Trading Fundamental News Of Today

Nikkei Enters Phase Correction Temporary. Until the beginning of the afternoon session in the trading week (Monday, 28/01), the Nikkei fell -0.68% was observed in the range of 10,852.33, after briefly rising to 11002.85 due to the weakening yen to new lows. Market participants also helped increase the selling action after reports of weak earnings from Fanuc and Hitachi High Technologies. However, the yen weakened, which drives a bullish stock market trends seem still characterize the exchange. Recorded Fanuc shares fell by 5.3% and Hitachi High Tech dropped 11%. While Advantest slumped 4.4% after the report mentions the possibility of a full-year decline in revenue (FY) today.

Technically, having soared up to the top level of 11,000, the Nikkei index fell due to appear dragged by Stochastic and MACD indicators duration 'hourly' a confirmed bearish. The decline will further support anticipated prisoner then 10 820 10 860 (38.2% Fibonacci retrace) and 10 770. While bullish reversal will take back Nikkei resistant to 10 915 (23.6% retrace) and 10,950 to 11,000. However, Nikkei correction is only temporary (temporary) because of the general index appears bullish for this week because of some key indicators such as Moving Average and the Nikkei Stochastic based daily time-frame look up-trend.

Above 91.00 yen, Ready Aim High 30 Months

More than 1 hour movement in Tokyo, and the closing of the relevant Australian stock exchange holiday there, Yen opened this week above 91.00 level, last seen at 91.07, down from 91.11 high. Back, Yen is a currency belonging to the most vulnerable among the major currencies, followed by CAD and the strongest when it is the Euro. The yen moved up as much as 0.19% of the weekly closing movement. Without having seen the condition of economic data today, the Yen has been opened on 91.00 and seems to still have the opportunity to continue the current condition, said FXWW founder, Sean Lee, adding that according to the movement of the Yen still has a long-term bullish signal and the next target is at the 50% retracement near the 93.15 area. 9020 is close to the previous high level of support, said Sean Lee. Resistance is high close this session and Friday at 91.11/20, followed by the high June 21, 2010 at 91.47 points and the low 19 April at 91.57. For the movement of the decline, the nearest support is last Thursday's high at 90.70, followed by low Friday / January 21 at the high points and low 90.30/20 January 18 / January 13 high at 89.67 points.

Mix, Asia Haunted by Profit Taking Stock

Asian markets in early trade today (28/01) Japanese stocks managed perched above the level of 11,000 for the first time since April 2010 before returning corrected to the negative zone, while the dollar strengthened against the reported South Korean won. In the currency market, the South Korean won is very significant move. Won weakened against the U.S. dollar related sell South Korean stocks by foreign investors do. Nuclear test conducted by North Korea for the third time affect market sentiment. Markets worried about geopolitical conditions that occurred in Korea, "said Paul Mackel, chief currency analyst at HSBC in Hong Kong.

The U.S. dollar is currently at 1,080.10, compared to 1,074.50 on Friday (25/02) night. The dollar was little changed against the yen today. A weaker yen to be a major contributor to the current Japanese stocks rally despite the exchange rate was higher at the beginning of last week. The strengthening of the dollar by 0.6% against the yen on Friday gave an opportunity for Japan to strengthen exchanges at the beginning of the session with the Nikkei hitting over 11.000 in early trading before profit-taking eroded which led the index into negative zone. Nikkei down 0.3% to 10,860. While Japan's earnings season will begin this week. On Wednesday, Canon Corp.. and Sumitomo Mitsui Financial Group is scheduled to report earnings. Followed by Softbank Corp., Toshiba Corp. and Nomura Holdings on Thursday. Earnings expectations drive the movement of the index in Tokyo. Robotic manufacturing industries, including Fanuc Corp. fell 4.9% after revising down growth outlook. This confirms a drop in profits despite the yen weakened. The company cut its profit outlook for the year ending to March to Y116 billion from Y136 billion.

Hong Kong's Hang Seng Index rose 0.4%, helped by China Mobile, which rose 0.3% - are steady after five sessions, plunging 4.2% on worries over corporate earnings next. The Shanghai Composite Index rose 1.0%. South Korea's Kospi fell 0.5%, with a massive selloff that made foreign investors in the local stock market that suppress large scale. Samsung Electronics fell 2.7% and Hyundai Motor dropped 0.8%. Australia Markets closed for a holiday.

In Asia, the Hang Seng is still outperform Rival

Until the afternoon session at the beginning of this week (Monday, 28/01) Asian markets generally move varied where the Kospi Index - South Korea looks Corrected appear in the negative range, while the Hong Kong bourse record  in a positive number. While the Nikkei - Japan today actually managed to penetrate to the level of 11.000, the highest level in 32 months thanks to the weakening yen espicially that records up to 91.25 points. In addition, the Tokyo bourse rebounds was also propped up by the strengthening of Wall Street at the weekend in which the S & P 500 ended in the lid above the level in 1500 and is the longest rally since November 2004. The entire major exchanges in the United States have the 4th straight weekly gain thanks buoyed by improved corporate financial reports above expectations. At the beginning of the trading session, the Nikkei had skyrocketed to a level 11002.89, after finally fell -0.57%, to 10864.08 about or -62.57 points, while Nikkei futures contract dropped as much helped -45 points to 10,865 area after record highs 11 015 in the morning session.

Kospi Index - South Korea resume activities reprieve earlier in the week after the index closed at a low range in the last 8 weeks on Friday mainly because it is affected by a weaker yen and concerns over reports of 'earnings' quarter-4. South Korean investors, a weaker yen would interfere with the prospects for export to foreign countries will be unable to compete with Japanese exporters as the currency weakened, leaving automated products will be cheaper and more salable in the market. Recorded giant Samsung Electronics fell 1.9 percent while still in early trade after touching the lowest close since Nov. 30 on Friday. While the Hang Seng index rebounded 0.46% seen in the range of 23,688.65 after rising earlier in the session to touch the level of 23,736.02, which is the highest intraday level since May 3, 2011. Hang Seng rallied mainly triggered by the strengthening of Wall St. last weekend as well as A-share index rallied Hong Kong today and the strengthening of the Shanghai Composite Index is currently monitored rose more than 1%. In addition, the Hang Seng rallied also helped by 2 percent gain obtained by Hong Kong tycoon - Wharf Holdings and blue-chip consumer China Hengan International.

Negative, weakening Economic Data Exchange

Negative, weakening Economic Data Exchange. The exchange rate of AUD / USD and EUR / USD tracked down after the release of Australian retail sales were down 0.1% in November. Previous economists estimate an increase of 0.3%. AUD / USD fell from 1.0518 to 1.0486, while the EUR / USD fell from 1.3087 to 1.3066. "Weakening of the currency occurs as a reaction to economic data releases and attenuation is unlikely to last long," said Kengo Suzuki, forex analyst at Mizuho Securities in Tokyo. Levels of support for the EUR / USD at 1.3000 with a weakening bias after the currency failed to touch the resistance level at 1.3300. However, the currency seems to lack strong catalysts ahead of the ECB meeting on Thursday (10/01). AUD / USD at 1.0497 and EUR / USD at 1.3080.

Hang Seng opened Gains 0.2%, Sinopec

Hong Kong shares opened early trading Wednesday, helped by rising stock prices of oil producers from China, China Petroleum & Chemical Corp (Sinopec). The Hang Seng Index opened 0.2% higher at 23,154.70 points. Shanghai stock index rose 0.4% indicated.

Actors Action Selling 1.0530 for Aussie Test

Following the movement up to the first resistance at 1.0515 figure, where the Aussie was seen entering a new session high at 1.0521 after the rate of data recovery HIA New Private Home Sales, which rose 4.7% against 3.4% in October, the Aussie finally be willing to remove the reinforcement associated initial disappointment due Retail Sales data release, down 0.1% in November to 0.4% estimated in figures. Aussie has experienced a pullback to support dynamic area near the 1.0495 area, intersect with the 20 EMA on the hourly chart, before buying players back move to stabilize the price at which the actors sell still in control, with the Aussie exchange rate at 1.0490 price.

Post the Hang Seng Property Sector Strengthening Thanks and Energy

Hong Kong shares posted a slim gain early in Wednesday's trading session stocks related to the strengthening of property and energy sectors, while metal producer stocks moved higher after Alcoa Inc shares of U.S. earnings reports start to report a profit. The Hang Seng Index rose 0.3% to 23,193.94 and the Hang Seng China rose 0.7% to 11,759.50. Shares of Sun Hung Kai Properties Ltd. rose 1.1%, China Overseas Land & Investment Ltd. rose 2% and PetroChina Co. climbed 1.5%.

The rate of these stocks beat the stock fall Ping An Insurance Group Co. follows several reports that the deal is approved by HSBC Holdings PLC to sell its stake in the company is doomed to fail as lender of China withdrew from the deal. HSBC shares moved down 0.5%. Shanghai stock index rose 0.3% to 2,281.84 in the midst of hectic action choppy.

Asia Stocks Mostly Stronger

Most Asian stock markets moved higher Wednesday as earnings season start early trading on positive area in the U.S., with the Japanese stock market rebound as yen weakened again during the current earnings reporting season. Japan's Nikkei index 0.4%, recovering from a fall in early trade, the movement of 1% related to the strengthening yen. The Hang Seng index in Hong Kong rose 0.4%, while the Shanghai stock market index rose 0.2%, and the Australian stock exchange, S & P / ASX 200 advanced 0.3%. However, the KOSPI it moves weaken.

Alcoa Earnings Report Target, Boost Outlook

Alcoa opens earnings season by setting a target while trimming expenses erode earnings falling aluminum prices. The company also said Alcoa estimates global demand for aluminum will increase by 7% for 2013, up from 6% in 2012. "What we see in the world market and the market in China is obviously going to increase," said the company's CEO, Klaus Kleinfeld, told CNBC. "I would not be surprised if we see a GDP growth above 8%. Europe is also getting better, better than many people .... So all eyes are still fixed to the U.S. ". Investors welcomed the report Alcoa, bring the stock price moves up after the close of trading.

Yen Gains Profit-Taking Related Actions Against USD

The yen continued to move higher against the U.S. dollar and the euro in early trading session Wednesday despite expectations of further policy easing from the Bank of Japan still survive, as investors booked profits. The euro fell to 113.80 yen after the area fell to 113.55 yen, its lowest level since the end of December, down for the first time since December 11 and is still moving away from 18-month high at 115,995 Yen numbers listed on trading platform EBS last week. The dollar fell as much as 0.2% to 86.96 yen, down to as low as 86.83 yen in early trading session. On Friday, the U.S. dollar to a 2-1/2 year high touched the 88.48 area on EBS, after rising as much as 12.8% against the yen in 2012, the movement of the strongest since 2005.

The new Japanese government under the leadership of Prime Minister Shinzo Abe urged a further policy easing, will be setting the agenda to pull Japan out of deflation dilemma. BoJ next meeting will be on January 21 to 22, when officials will debate the government's inflation target to a level of 2% from current levels at the 1%, as instructed by Abe.

Rally, Hang Seng 23.000 Translucent to Top

Rally, Hang Seng 23.000 Translucent to Top. For the first time since early June 2012, Hong Kong's main index is trading above 23.000. Hang Seng Index (HSI) rose perched at 23,186 or 2.2% compared to the level of the opening on the expectations of the investors to the progress of China's economy in 2013. Credit Suisse said that in recent months a series of data indicate that the trend of stabilization and recovery in China continues. One factor which is able to powering the revival of interest in the investment business and the new year is a government policy. Beijing is expected to release a new monetary easing for powering the economic recovery in the country.

"If that's the case, then investors could be more bullish in looking at long-term economic prospects, which in turn definitely good impact to the market," said Credit Suisse review. A total of 49 of the 50 categories of blue-chip stocks rose today, led by insurance stocks. China Life (2628.HK) surged 5.7% to HK $ 26.75 and Ping An (2318.HK) rose 4.7% to HK $ 67.95. Trading volume itself looks solid, amounting to HK $ 46.90 billion.

Reach Oil Gain on First Day of 2013

Crude oil traded higher today. Strengthening obtained after political officials in Washington find a compromise related to national fiscal crisis. Crude oil February delivery rose $ 1 to $ 92.82 per barrel on the first trading day of 2013. But for other energy contracts seem to weaken today, such as the February natural gas fell 2 cents to $ 3.33 per million British thermal units. While the contract for March fell 2 cents to $ 3.34 per million British thermal units. Fuel oil in February fell 0.6% to $ 2.80 a gallon and heating oil contract rose 2 cents to $ 3.05 per gallon.

Performance of the Issuer's Kospi

On the first trading day of 2013, the Kospi closed up 1.7% at 271.20, the index was at 9-month high. Stock brokerage, banking and technology lead the market strengthening. Local institutions have so far observed have bought shares worth KRW79.1 billion and KRW171.2 billion worth of foreign investors despite record retail investors do KRW252.6 billion worth of sales. News that Washington had reached an agreement helped drive performance in riskier assets such as stocks, explains the analyst.

Shares on the exchange floor slick performers include:

- Samsung Electronics +3.6% to KRW1.576
- LG Electronics +5.3% to KRW77, 500
- Hana Financial Group +4.6% to KRW36, 300
- Shinhan Financial Group +3.1% to KRW40, 050

Post the Regional Stock Profit

Regional markets move higher after U.S. policy makers managed to reach a deal to avert fiscal impasse. S & P / ASX +1.2%, HSI +2.0%, Kospi +1.6%, Sensex +0.7%, +1.3% and STI. Markets Japan, China and New Zealand is still on holiday. In the forex market, the euro rose due to expectations over the long negotiations the U.S. policy makers to avoid a fiscal abyss. EUR / USD is at 1.3267 from 1.3195 Monday night in New York, EUR / JPY at 115.63 from 114.46, and the USD / JPY is at 87.17 from 86.74. HSBC South Korea PMI rose to 50.1 in December vs. 48.2 in November amounted, the highest increase since May, ending the contraction that occurred during the six months. A reading above 50 indicates an expansion in manufacturing activity while a reading below that signaling contraction. Singapore Q4 GDP rose 1.8% per quarter, Q3 revised contraction of 6.3% and the estimated contraction of 1.0%. HSBC Taiwan PMI in December surpassed the average being 50.6, after a six-month contract in November vs. figure of 47.4. The increase helped by increased demand from China and the U.S. recently. Indonesia recorded a trade deficit in November amounted to $ 480 million versus expectations of a deficit of $ 393.5.

CPI Indonesia in December climbed 4:30% per year versus an increase in November of 4:32%, and estimates an increase of 4:36%.  Indonesia HSBC PMI fell to 50.7 in December from 51.5 in November amounted related export growth declined. Thailand in December CPI rose 3.63% per year versus an increase of 2.74% in November, and predicted an increase of 3.30%. The price of gold at $ 1.682.50/ons. While Nymex oil February contract rose 78 cents to $ 92.60/barrel.

GM-Toyota World wide scramble Largest Manufacturer Status

GM-Toyota World wide scramble Largest Manufacturer Status. General Motors should be prepared to relinquish its status as the largest car manufacturer Worldwide to Japanese companies. General Motors (GM) won the title of world's biggest automaker in 2011 from the hands of Toyota. But the achievements were not caused by operational performance and impressive sales of corporate America, but rather the destruction of the Toyota production performance aftermath of the earthquake and tsunami in March 2011. Now the Japanese giant has again and again ready to seize his reputation in the global automotive industry.

Although still experiencing issues product recall and consumer boycotts in the United States and China, Toyota yesterday claimed that its global sales will rise 22% this year to 9.7 million units. Figures 8.68 through the sale of units if the total does not account for sales of products made by such subsidiaries Daihatsu and Hino. Rebound sales came from the purchase of products Lexus and Camry in the United States. Toyota's dominance in global industries increasingly felt after total production rose 26% to 9.9 million vehicles in 2012.

While total sales of General Motors (GM) in the last three quarters of 2012 through the 6.95 million unit or when aggregated for the full year was 9.3 million units. Thus, if the financial statements in accordance with the statement of the Toyota's board of directors, the status of GM as the largest manufacturer Toyota will be taken back by that claim to be able to sell 9.7 million units this year. In the third rank will still be occupied by the VW Group, including Audi, which is also predicted to sell cars over 9 million units.

Toyota and GM has long fistfight in product marketing efforts around the world. Toyota was able to beat his rival in 2008, when the climate of recession and oil price spikes disrupt auto sales, especially in America. But in 2011, GM's sales soared so 9 million units just when Toyota by the earthquake and tsunami. GM's stock price closed at $ 27.62, down 0.14% on the last trading session.

Japanese Government Wants Ceiling Increase Spending

Not long ago took power, the government of Japan's Liberal Democratic Party leaders had planned to do a review of expenditure. Shinzo Abe and colleagues look at state spending ceiling designed by the previous government was not enough to fuel economic growth. Therefore, the government intends to review the limits on spending before the legislative elections held last summer to come.

This was stated by Finance Minister Taro Aso told a news conference. However, the government is also committed to comply with the mandate of the reduction of the budget deficit in the medium term. The Government is concerned to boost economic performance as promised LDP leader, Shinzo Abe, in a previous campaign. However, on the other hand the government also must maintain the confidence of foreign investors on the stability of the state budget. Japan's current budget performance is claimed to be the worst among industrialized countries is important because the amount of debt the world two-fold greater than its economic value. "All the bonds are released to finance fiscal stimulus and spending next year should be controlled as possible," said Aso told media crews.

Aso did not mention the amount of stimulus that will be released by the government in 2013. Similarly, nominal bonds are ready to be released to investors as a means of raising new funds. He stated that the new government will focus on three areas related to the stimulus and the new budget items, namely, the development of post-earthquake in the northeastern region, promote new industries and reduce the economic burden of the people.

Blue Chips Take Performance Hang Seng

Hong Kong shares tracked at the highest level is still strong today, which is at the level of 22.655 (0.4%). Hang Seng was close to the level of the highest daily spot in the last 17 months at 22,718.83 this morning. HSI performance in line with the equity market performance of China. Top tier shares led the gains China the main index, the Shanghai Composite index, which has now gone up 2.8% on Tuesday and Wednesday. Strengthening obtained by the Shanghai Stock Exchange of Hong Kong achieved when closed. KGI financial institution said that although U.S. fiscal issues still exist, prima donna Hong Kong shares are still solid. This is supported by strong inflows into the domestic financial market. According to KGI, no trend change signal in the near future "Investors should not be bearish too soon," commentator KGI. Most blue chips rose, but just be moderate, only HSBC (0005.HK), which rose significantly, while Hang Lung Properties (0101.HK) broke the 52-week highs. Volume Market.

Plan B Delay Congress, Wall Street sales drop - Trading Forex Fundamental of Today

Plan B Delay Congress, Wall Street sales drop. U.S. stock index moving down sharply following the news that the Republican party has to cancel or postpone the vote to avoid an increase in taxes on those with incomes of $ 1 million or less (per year). About 30 minutes after the congress spokesman, John Boehnar said that he postpone or cancel the voting cause lack of such support, the Dow Jones Industrial Average fell 1.5%, the S & P 500 fell 1.4% and the Nasdaq fell 1.3%.

Cancellation or delay reduction signaled support for the Republican party, reducing the fiscal cliff optimism handling solutions which are expected to begin next year. The news also hit Asian stock markets today, with Hong Kong's stock market fell and the Japanese stock market, the Nikkei, which is down from the previous high.

Follow the trail Hang Seng U.S. stocks fall

Hong Kong Stock Exchange, Hang Seng, move down on Friday, amid concerns about the problem of handling fiscal cliff after Republicans say cancel or postpone a vote or voting in order to avoid the application of the imposition of a tax increase on the citizens who earn $ 1 million or less.

The Hang Seng Index fell 0.7% to 22,504.92 and the Hang Seng China slumped 0.9% to 11,250.63. The Shanghai Composite Index fell 0.1%, handing the previous gain. Shares of Industrial & Commercial Bank of China and PetroChina Co. shares fell as much as respectively 1.1%, with shares of Want Want China Ltd which fell by 2%.

Japanese Finance Minister Question BOJ Inflation Target

Japan's economy minister said today that the statement of the Bank of Japan (BOJ) on Thursday (20/12) as 'shocking'. After the last meeting, the BOJ plans to review its policy in the short-term inflation target at the level of 1% on the regular meeting. "I highly doubt the BOJ's commitment in achieving the inflation target of 1%," said Seiji Maehara some time ago. Maehara had earlier attended the BOJ policy meeting and view the majority of the executive members did not agree with the proposal, and the new board members Takahide Kiuchi and Takehiro Sato. Both want to keep the BOJ take concrete steps to achieve the inflation target of 1%.

"I was even surprised to hear BOJ called consumer inflation range of 0 to 2%, whereas other members of the board of governors did not want change," added Maehara. At the end of a two-day board meeting yesterday, the BOJ agreed to increase the portion of the asset purchases as the main medium of monetary easing in the rate of climate near zero level. Authorities also promised to review the current inflation target, which is part of the will of Prime Minister Shinzo Abe during the last parliamentary campaign. Currently the exchange rate of USD / JPY monitored at the level of 83.93.