Nikkei tumbles By Data Domestic & Wall St

USD/JPY Charts Analysis today

Nikkei tumbles By Data Domestic & Wall St. Trading on Thursday (31/01)-Japan's Nikkei experience a correction, but still above the 11.000 level since dragged down by a drop in Wall Street and the stock market due to Japan's emerging industry data missed estimates. The fall of Wall Street happened after economic growth in the United States (U.S.) or 4-quarter GDP estimate fell below estimates. Figures 4-quarter U.S. GDP appears in figure -0.1%, slipped away from the previous quarter at level 3.1 and below forecasts of 1.2%.

While data of Japanese industrial productions jumped to 2.5% in December when compared with -1.4% in the previous month. But the figure is still far below economists' estimates of 4.5%. And although the Nikkei recorded in negative numbers, some exporters still show performance. Noted Nissan Motor Co gained 0.6%, while Canon Inc.. also crept up 0.6% after reporting fourth-quarter profit slightly decreased but predict will reap gains in 2013, thanks to the weakening yen. The banking sector also rose as Sumitomo Mitsui Financial Group Inc.. which jumped 4.4% after posting a profit increase by 34% during April-Desembert, while Mitsubishi UFJ Financial Group Inc.. soared 1.2% and Mizuho Financial Group Inc.. rose 0.6%. The Nikkei fell -0.87% or monitored points in the range of -97.23 11015.58, while the Nikkei futures contract fell by 100 points participate in the 11,015 area.

Attract Alicia Keys, RIM Wants Shades of R & B in Blackberry

Trend use of a public figure as a creative director is increasingly becoming the norm for American companies. After Lady Gaga, R & B singer Alicia Keys was also inaugurated by the smartphone manufacturers to occupy that position. The position of creative director is now not only the exclusive domain of people with university academic background. The artist can occupy that position for various reasons. In addition to its personal capacity considerations, the position is considered important as the creative director of capital strengthening consumer base.

Research in Motion is one company that has just oust a celebrity to be a creative director. Canadian company recently introduced R & B singer, Alicia Keys, as global creative director. Keys adds to the long list of celebrities who have been appointed by corporate America to occupy similar positions. Intel (INTC) earlier appoint personnel Black Eyed Peas, Will.i.Am as director of creative innovation. While Polaroid, which successfully survived the threat of bankruptcy, in 2010 ago also oust Lady Gaga for similar positions. Consideration at that time was the ability of the singer in the design industry and knowledge about optics.

For Keys family itself, this designation is not something new. Alicia's husband who also works as a record producer Swizz Beatz has served as creative director for an automotive company Lotus in 2011. Regardless of the position, role Keys for RIM over the ability to introduce new Blackberry in the smartphone market world. He is said to be featured in various advertisements for several months. Community technology world just waiting for the extent to which the aura of R & B, the company was able to boost sales of the Blackberry. RIMM shares yesterday closed at 13.78, down 12% on the trading session on Wednesday (30/01).

Yen From Slowing Down Movement

Yen has moved to near 91.00 throughout the week, was last seen at 90.95, returning from a session low at 90.78 points, the opening price today in Asia Pacific, the continuing decline of the movement that began in the high 30 months at 91.41 points, achieved with ADP in the U.S. , just before the U.S. GDP data was released. Support close to moving down yen was at the session low today at 90.78, followed by low Tuesday / high 18-21-22 in figure 90.32/18, and a high 14/15 January at 89.67 / 3. For the movement of descent, nearest resistance is recorded in high Monday at 91.25, followed by a new high yesterday of 31 months at 91.40 and the low numbers in July 2009 at 91.70 points.

Yen Still Flat to Close This Week 91.00

Movement of the Yen so far until this week still looks flat, as happened on Monday in the Asia Pacific region, and moving up from an opening price before yesterday. Yen seems to be trying to get down to a low daily at 90.80 points from its record high of 30 months in figure 91.41, following poor U.S. GDP data since mid-2009, suggesting the release of negative numbers. The new release of manufacturing data for Japan improved for the first time in 4 months that was released was disappointing, although still below the number 50, the last figure 47.7.

According to Valeria Bednarik, analyst at FXstreet.com: "hourly chart shows price movements in SMA-100 which shows the dynamic support near 90.38, while some indicators appear flat in the positive area. In a period of time greater technical readings are also moving well above the middle, with the momentum up. However, beyond the lack of strength of the yen, there is still no sign that prices will turn around in the near future ", said the analyst. Valeria identify areas of support in the range of 90.70, 90.30 and 89.80. While the range of resistance were 91.20, 91.60 and 92.00.

Flow Correction carried Kospi Asia

As rival exchanges Nikkei and Hang Seng, Kospi stock today - South Korea also experienced a correction due trouncing sell off triggered by a drop in Wall Street overnight. Sharp weakening the case with stocks blue-chips. Big names such as Samsung Electronics and Hyundai Motors declined each more than 1 percent and 0.5 percent. While LG Electronics tumbled 1.2% after record losses were far beyond analysts' expectations. The main Kospi index fell -0.37% recorded or down -7.25 points to an area of ​​1957.18, while the Kospi futures activities fell -1.20 points at 257.90 area.

Hang Seng slid in Property Sector, Energy

Index Stock Exchange of Hong Kong - Hang Seng today (Thursday, 31/01) is offset from the high range in the last 2 years after data showed the U.S. shrank in the quarter prekonomian-4 and after Federal Reserve explains the growth has stalled in recent months. The Hang Seng Index fell 0.5% to a record area range 23,696.26 and the Hang Seng futures fell -61 points share in the range of 23 743. Also visible property and energy sector stocks suffered a heavy blow in trading today. In stock note Cnooc Ltd. stock. fell 2.6% after rumors circulated that the estimated production would be under-estimated in the year 2013, while Kunlun Energy Co. fell 3%. Sector developers (developers) also fell as Sino Land Co. fell 2.2% and New World Development Co. fall of 2.1%.

Regional Exchanges In the Red Zone

On the last day of January, Asian markets slid monitored, while the two large Asian market has recorded a substantial gain as Japan and China. Throughout this month the Nikkei managed to collect gain up to 6.9%, helped by a weaker performance index exchange continues. While the Shanghai Composite recorded a gain of 5.0% related to the release of data that showed China's economy economic recovery in Asia's biggest economy.

Australia shares rise 5.3%, recorded the best increase since January 1994. "The pace of monetary easing was made to stabilize the economy in Japan and the U.S. is more than enough to drive the market," said Stan Shamu, market analyst at IG Markets in Melbourne. The increase in iron ore prices helped push the local mining performance. Economic growth in the countries of Southeast Asia are considered attractive combined with strong sentiment. Philippines PSE index gain 7.9% and Thailand's SET index rose 1%. Earnings are also factors driving Asian markets today. In Tokyo, Sumitomo Mitsui Financial Group rose 3.4% after the release of solid data. Financial companies posted an increase during the period April to December by 34%. In Hong Kong, Lenovo Group, which is listed as the world's largest manufacturers of personal computers, gain 0.2% after releasing results that were above the third quarter due to increased sales growth. Not all of them positive earnings reports, video game companies Nintendo posted losses 4.5% in Osaka after posting earnings that declined and cut growth outlook. U.S. economic data including fourth-quarter GDP showed a decline of 0.1%, missing expectations of a rise of 1.0%. Still from the U.S., the central bank sets interest rates unchanged and repeated its commitment to purchase bonds.

In Asia, Japan's industrial output showed an increase of 2.5% per month for the month of December, the number was below expectations increase of 4.0%. The Nikkei fell 0.7% after moving in and out of negative territory in early trade Asian markets. In China, mix performing stocks before the release of manufacturing data on Friday (01/02). Hong Kong's Hang Seng Index fell 0.5%, while the Shanghai Composite moved flat. South Korea's Kospi dropped 0.2%, while the S & P / ASX 200 fell 0.4% Australia.

Aussie Touch 1:04: Continued Support In 1.0385

Aussie who has undergone correction down from 1:04 in the previous U.S. session, met with aggressive selling in the 1.0430 figure, which caused prices fell by more than 30 pips in a few hours. The sell is happening in the short-term movement chart, has penetrated the area 1.04, showing a further fall with the possibility of further sell off in the number 1.0385, the low January 28, ahead of the 1.0350 figure, a lower level. In order to increase the movement of a small potential increase may be seen in the 1.0410-1.0420 area. Protection area will be an increase in the number 1430.

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.

KOSPI Nearly Flat As Market Watch for BoJ Release

KOSPI Nearly Flat As Market Watch for BoJ Release. KOSPI stock market is still moving almost flat as investors avoid trading ahead of BoJ meeting is expected to adopt an aggressive policy easing. South Korea's stock index moved up 0.06% to 1,988.12 points area. "There is still a lack of or weak movement in general in the U.S. stock market since the related covered Martin Luther King holiday, and focus on the comments from the meeting of the Japanese central bank," said Kim Chul-joong, an analyst at Korea Investment & Securities. Bank of Japan is expected to issue a joint statement by the Japanese government at 10:00 to 12:30 pm on Tuesday (03:00 to 05:30 GMT), with berjanjit for easing monetary policy to achieve the inflation target of 2%. Leading stocks moving mixed, with shares of Samsung Electronics Co Ltd which fall off as much as 1.8% on the previous session to move up by 1.2% in the current session.

Manuver Yen Strengthens After BOJ Results

Yen (USD / JPY) rebounded sharply after the release of the results of the meeting the BOJ (Bank of Japan) where one of the points he agreed to adopt inflation target of 2% despite previous speculation that the BOJ could not do. The decision appears to have been anticipated by the Finance Minister Taro Aso has said that the central bank's policy board will decide the inflation target. In addition, the BOJ decided today to make opening and closing easing policy. In general, the market rate of the meeting was largely in line with expectations. While the yen weakened, which is based on expectations of the government and the BOJ, the likelihood is over now. When this news was aired, USDJPY exchange rate is in the range of 89.04, higher than the level 89.60an before BOJ decision on release. And today the yen weakened to 90.06 against the U.S. level, Reuters platforms.

The yen and Asian stocks Expect From BoJ decision

The yen and Asian stocks waiting times ahead of BoJ decision this Tuesday with investors also await the results of the BoJ meeting, with expectations for the current policy easing measures aimed to help the economic recovery for the world's third largest country. The MSCI index of Asia Pacific excluding Japan index rose 0.1%. The index fell on Monday after briefly touching 17-1/2 month high. European stocks close higher Monday moved two years, with the investor who predicted the economic growth in Europe. Wall Street closed related to Martin Luther King holiday.

Japan's Nikkei average opened up 0.2%.

Earlier today, the U.S. dollar moved down 0.1% against the yen at 89.51 points, after touching a new high in 2-1/2 years in figure 90.25 on Monday. The euro fell 0.3% against the yen at 119.11 yen rate, down from a peak since May 2011 at 120.73 points that occurred Friday.

EUR / JPY Still Moving Ahead of BoJ Under 120

EUR / JPY currently at 119.19, still the same height that occurred on January 11, on Friday, where the currency pair closed at the weekend. Apart from a session low at 119.03, EUR / JPY is down 0.65% so far for this week, following the initial movement toward the high peak current at 119.69, related news showing that the target inflation rate of 2% in the BoJ will occur in the short term. While the target is visible, EUR / JPY has moved up 20 pips, last seen at 119.39. Today all the attention focused on the BoJ meeting, which started earlier than usual, and is expected to close than expected at 02.00 and 03:30 GMT. Japan's economy minister, Amari will attend the meeting, where the first time since Japan's new government in power. Yen had volatilistas ahead of the meeting, while the Nikkei closed on a high trading session, up 0.35% for the day.

Resistance to movement up close EUR / JPY 119.68 for the high figures show the current session and the U.S. session high, followed by a rate of 15 January and Friday weekly close at 119.98 and the high on Monday at 120.27. For the movement of the decline, the nearest support is in session low today / yesterday / January 14 at 119.02/118.89 number, followed by the January 15 low at 117.64 points and the low January 16 at 116.47 points.

Nikkei Gains Related Weakening Yen

Nikkei Gains Related Weakening Yen. Japan's stock market, the Nikkei moved higher early Friday trading, with the Nikkei moved up 2.2% at 10,844.10 points. The index cameas the U.S. dollar was at 89.91 yen traded near a peak against the yen since mid-2010. Bank of Japan will hold a meeting next week, and a strategist at Barclays Capital said that it seemed like an increase in the likelihood that the BoJ will meet next week urging the government to achieve the target inflation rate of 2% ". Friday's stocks rose, among others Mazda Motor Corp., which rose as much as 7.6%, Sony Corp. rose 3.9% and Honda Motor Co. rose 2.9%. Technology stocks look to maintain gains, as shares of Advantest rose 6.5% and Tokyo Electron Ltd. rose 4.7%.

Caught In Close range 1.0550, Aussie Ready Welcomes China's GDP

Aussie drops down 1.0500 in overnight trading related Australian employment data are weak, but edged trigger movement at that level and gradually moving up, closing the U.S. session at 1.0545, 30 pips below the price close today. "Hourly graphs shows that while there is a bullish signal from a technical reading of the price still has not been able to continue to the1.0550 area, the resistance level of satisfaction", said Valeria Bednarik, analyst at FXstreet.com. If prices rally managed to move above 1.0550, Bednarik identify selloff in 1.0580, then to 1.0600 figure. Target bearish recorded at 1.0520, 1.0490 and 1.0450.

Japan's Minister of Economy Soon To Agree With BoJ Fulfill Mandate

Japan's economy minister said Friday that the talks with the Bank of Japan is getting closer to an agreement requested by the Japanese government, shows that the two sides would soon reach an agreement to prepare a target inflation rate of 2%. "All going well," said Akira Amari told a news conference. "I think we'll be able to announce something after BoJ meeting next week". Government officials told Dow Jones Newswires that the draft statement for the BoJ to 2% inflation target over the medium term will be made. A final agreement is expected to be issued after the meeting, which ends on Tuesday.

Samsung to Release New Products, Similar with iPhone

When an official of Samsung Electronics Co. showed off a new chip at the Consumer Electronics Show in Las Vegas last week, it gives rise to speculation of a picture of the new Samsung product really is no longer the same as the previous smartphone product - which will be the next Samsung flagship product . Approximately 4 months later, the bloggers with writers in South Korean newspapers have been trying to unravel the details of Samsung products, which are likely to have the name of Galaxy S IV after many multiple versions displayed for 3 years.

They estimate that the new product will have a larger screen, a sleeker shape, equipped pen, does not have a button and of course, with a faster processor chip, along with a battery with a stronger resistance. Several reports in November showed that the product will have a screen that may rupture and impact resistant, and others say that the product will have the waterproof feature. Some pictures of an invitation to a press conference in March in South Korea have been circulating on a few websites.

Look forward to the results of the ECB, Euro Near 1.3050

Look forward to the results of the ECB, Euro Near 1.3050. FOREX FUNDAMENTAL ANALYSIS TODAY

• USDCHF: Bearish Signal Observed Lightweight, Watch range 0.9234 - 0.9074
• USD / CHF: Trend Down, Current range at 0.9232 - 0.9252
• EUR / USD: Bullish Trend Current, Resistance range at 1.3062 - 1.3091
• USDCHF: Movement Still Samar, Watch range 0.9200 - 0.9272
• 1.3000 and MA200 Support Important Euro

The euro is still in choppy movement with a negative bias as traders await the results of the ECB meeting and press conference in the European session. "For a while, the hourly chart shows price still stuck below the 20 SMA and the 23.6% retracement for the latest daily fall, both near 1.3070 and the resistance level is nearby, while some indicators are still in the neutral zone," explained Valeria Bednarik. Bednarik was again continued: "Although lack support for continuing fall in the near future, as long as the price remained below 1.3110, rettacement 38.2% for the same rally". Currently, the euro held near daily range at 1.3050, 10 pips near yesterday's close. Currently Euro stands at 1.3048, with bearish signals are monitored daily movements will still haunt the single currency.


KOSPI Opens Stronger Thin; Rally KEPCO

South Korean shares opened slightly higher Thursday, following the strengthening of the U.S. stock market while strengthening vigilance will still be limited by market-related earnings reporting season. Shares of Korea Electric Power Corp. (KEPCO) moved up more than 3% after the government there said it would raise electricity rates by 4% on average, starting next week to help the company cover the loss. Korea composite stock price index (KOSPI) rose 0.24% to 1,996.54.

Nikkei Gains At Sector Exporters Positive

Japan's Nikkei stock index drove back Thursday as weaker yen carry sector exporters rose as the weakening yen, which has rallied in the past two months related to expectations that the central bank will ease monetary policy on a large scale. Nikkei moved up 0.7% to 10,652.84 in the trade that took place, bringing the index to the overbought area. RSI index survive at 75.8, above the area 70 where the index is in overbought area and often indicates that the market may experience a correction in the short term. Shares of exporters, which has been hit by a strong yen and competition from South Korean companies, which is taken by the depreciation of the Yen in 2 months.


Ahead of ECB Meeting, gold corrected

Gold prices moved down on Thursday, pressured by technical resistance level of significance, as investors await interest rate decisions by the European Central Bank rate decision relevant today. Spot gold moved down by 0.1% to $ 1,655.50 an ounce, below the level of resistance in the number MA-200 Days in the $ 1,661.05.

U.S. gold futures barely any movement in the $ 1,655.40.

Investors are watching the meeting of the European Central Bank today. The central bank is expected to hold interest rates, but economists still have a chance differences will cut interest rates in recent months as the poor economic outlook.


Aussie hampered Negative Economic Data

Ahead of China data due to be released tomorrow (11/01), the Australian currency exchange rate movements have remained in the range of 1.0500 in early trade Asian markets. Aussie could penetrate 1.0530 level yesterday evening. Building approvals data released this morning, rising only 2.9% for the month of November compared with analysts' expectations increase of 4.0%. Data are not capable of appreciating Aussie. Valeria Bednarik, chief analyst at FXstreet.com, noting though the exchange rate moves one hour indicator is neutral in the currency is likely to continue the bullish pressure. Target strengthening Aussie at 1.0525 with support at the 1.0490 level. Bearish signal can be used as an opportunity to make a purchase.

U.S. Congress Delays Vote After Christmas - Forex Analysis today

U.S. Congress Delays Vote After Christmas. U.S. Congress to delay a vote until after Christmas, a spokesman said one of the party Rapublik, Peter Roskam, after Republican leaders said they did not have enough votes to pass a solution to the application of taxes in order to avoid the fallout from the fiscal cliff problem.  Roskam said "tomorrow is another day" when asked if he was disappointed with the decision. A spokesman for John Boehner has urged "Plan B" that would raise taxes on families with incomes of more than $ 1 million while making changes to other taxes. The White House has threatened to use the veto.

Nikkei Weakens Post-delayed U.S. Budget Discussion

Japan's Nikkei moved down defer gains and fell on Friday after the U.S. Congress to stop the meeting after failing to get enough votes to pass the proposal, hitting sentiment and dragged down the sector stocks exporters. Nikkei down 0.4% to 9,999.14 in early trade, after rising to 10,175.06 earlier higher.

The U.S. Congress will postpone the discussion of the budget after Christmas, said a spokesman for Republican Peter Roskam, after the lead Party Republic said that they did not have enough votes to pass the tax proposal in order to avoid financial collapse. Analysts said that investors are ready to pursue a stock moves up the hope that the discussion related to the handling of fiscal cliff will give a resolution, but they re-draw position after the news was released.

Contracts Crude Oil Down More Than $ 1 U.S. Budget Related Issues

Crude oil fell more than $ 1 on Friday after a discussion about the handling of the budget problems in the U.S. to avoid a financial collapse by the end of the year was again delayed, sparking worries about consumer demand from the world's biggest crude oil. U.S. crude oil contract for February fell as much as $ 1.03 to $ 89.11 per barrel.

Australia Producer Price Index Of Missed Expectations

Australia Producer Price Index Of Missed Expectations. Australia's producer prices data showed a gain of just 0.6% have in the third quarter of 2012 from the second quarter and up 1.1% from last year, according to Australian Bureau of Statistics today (02/11). Economists predict a rise 1.0% per quarter and 1.6% per year.

The increase in the index in the third quarter due to the high cost of electricity, gas and water and sewerage services and water channels. Some of the prices of agricultural products also reported a sharp rise during this period. Price increases were offset by lower fuel prices and drugs, according to the bureau statistok. The fall in fuel costs associated with the strengthening of the Australian dollar against the currencies of its trading relationships.


Jobs Data Improves chance

Data from the National Federation of Independent Business usually give you a bad economy. But a relatively small business group estimated last month measurements will improve. Changes in the average employment data per company will reach 0:02 before workers from -0.23 in September. End of October showed a reduction in employment for 4 months. Data from NFIB along with other reports, such as ADP and ISM, indicates that the labor market will improve in October than in September.

Melaba, China Shares Greet Party Congress

China Shares opened higher following the rally on Wall Street, but gains limited investor concerns ahead of the 18th party congress next week. Resistance level near Shanghai Composite index in 2150, after yesterday (01/11) closed up 1.7% at 2104.43.

"Although some economic indicators show a rise, investors still need more signals of economic stabilization," said Li Xiaoxuan, analyst at Shenyin Wanguo Securities. Official figures showed China's manufacturing activity expansion in October after contracting for two months. The Shenzhen Composite Index closed up 1.9% to 860.45.