Bangkok (AP) - American political leaders may be closed in a budget agreement, in order to avoid the so-called "financial cliff" sign boost Asian markets Thursday.
Review the President barack Obama who and speaker of the house of representatives John boehner, a transaction, in order to avoid budget crisis may will reach before the end of the year is enough, in order to improve the market in the face of disappointing American home sales, an important index, whether it is the improvement of the economy.
Japan's nikkei 225 index rose 0.7% to 9369.02 point. Hong Kong's hang seng index rose 0.5% to 21819.35, South Korea Kospi index rose 0.9% to 1929 points respectively. Australia's S&P/ASX 200 index rose 0.5% to 4486 points. In Singapore, Taiwan and mainland China's benchmark has also increased.
Obama and the congress of the United States until January 1 next year agreed to how to cut the country's heavy deficits. Otherwise, a series of automatic to increase taxes and deep cuts in spending will be effective, may drag global the first big economies into recession. Obama said Wednesday that he thinks can before Christmas to reach a "framework" agreement.
Notable is, the United States will "cliff" in fiscal drag stock from November 6, election returns a divided government power, and barack Obama in the White House and the republican keep control of the house of representatives.
The United States sales of new homes fell slightly in October, fell 0.3%, the seasonally adjusted annualized rate for 368000. The government also said on Tuesday, September than originally reported sales will be slow.
In Europe, market sentiment improved, this week the Greek salvage creditors agree to pay the next issue of loans, and puts forward a series of measures to reduce the debt burden in the next ten years. But still worrying, but, in the country's economy, is expected in 2013 into the sixth years of economic recession.
On Wall Street, the dow Jones industrial average index rose 0.8%, to close at 12985.11 point, last Wednesday. Standard &poor's 500 stock index rose 0.8%, to close at 1409.93 point. The nasdaq composite index rose 0.8% to 2991.78 point.
January delivery benchmark crude oil up 22 cents to $86.70 a barrel on the New York mercantile exchange in electronic trading. This contract fell 69 cents, closing at $86.49 a barrel on the New York mercantile exchange (Wednesday).
In currency markets, the euro rose from $1.2932 to $1.2953, held in New York on Wednesday night. Dollar rose to 82.09 yen, from 81.90 yen.




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