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World stocks rally over US budget deal optimism

Bangkok (AP) - global stock markets rose on Wednesday, the U.S. political leaders seem to be closed budget agreement, in order to avoid "fiscal cliff" year-end deadline. Economists warned that the economy back into recession, may be out no deal.
Further market expectations, for the German enterprise positive monthly survey results show that, in 1999, in the later in the day is released.
British rich 100 index rose 0.3% to 5954.05 point. German DAX index rose 0.2% to 7665.20 point, French CAC - index rose 0.3% to 3659.05 point. The Wall Street high open, the dow Jones industrial average closed up 0.1% to 13292 S&P 500 index futures edged to 1441.70.
Income, follow the Asian stock market rebound.
Japan's nikkei 225 index rose 2.4% to close at 10160.40 point, reference to close at 10000 since April 3, for the first time. The stock market after three days in advance of LDP election with a landslide victory. The victory. The head of the LDP's former prime minister Shinzo Abe (Shinzo Abe), said to continue to strengthen and the yen from take measures to stimulate economic deflation Mired.
Australia's S&P/ASX 200 index rose 0.5% to 4617.80 point, in the highest level this year. Hong Kong's hang seng index rose 0.6% to 22623.37. In New Zealand, Taiwan, Malaysia's benchmark also has rise up, down and Indonesia. The stock market in South Korea's presidential election on Wednesday because of public holiday shut down.
The stock market has been at the edge of the President barack Obama and republican leaders automatically taxes and cutting government spending struggle before January 1, finalize the agreement will take effect, if there is no deal.
Both parties seemed to be in closer, at least in the income tax. On Monday, Obama proposed freezing income is less than $400000 tax payers rate, and improve them to make more people. Earlier, Mr Obama needs to higher taxes on personal income of more than $200000 or $250000 couples.
The speaker of the house republican John boehner will allow income tax rate increased to more than $1 million a year, and will keep interest rates unchanged, each of them this reduces. Income of over $1 million top rate from 35% to 39.6%. Before this, borna against allowing any rate go up.
"To tell you the truth, in the current digital is not related, the final transaction settlement before, will change many times, in Melbourne IG Markets of say:" Cameron peacock in an email comments. "What is important and what is to promote the market is going higher, both sides now have a constructive discussion, specific tax level and consumption plan and work toward a common central area.
Investors have also been improving mood after the s&p rating agency said on Tuesday, it puts forward six gap Greek credit rating by B -, and to promote the country's default. In the first half of this year the Greek default threat disturbed the market.
Investors worry that the debt countries will quit the euro zone currency block division, open up the way. Rating company said, upgrade reflects its views, determined to keep monetary union of Greece, in 16 countries using the euro.
At the same time, the recent DiaoZhaDian, in order to improve the plant production and consumer spending in China has the world's second largest economy may appear slowed sharply, or worries about a hard landing has eased.
"A lot of people called" hard landing ". They have been proved to be very wrong, "said Chris weston of IG Markets. "I think the market has become a lot of celebration from China's growth."
The Japanese export sensitive shares soared in the weak yen, which caused the deportation profit value. Mitsubishi motor company rose 3.4%. The Canon rose 6.5%.
Australian white black coal co., LTD., soared 8.1%, after the company said, it has China's largest coal enterprise, shenhua group held talks, although do not have any privilege, currently on the table.
In electronic trading on the New York mercantile exchange January delivery benchmark crude oil rose 6 cents to $88.46 a barrel. The contract on Tuesday up 73 cents, futures closed at $87.93 a barrel.
In currency markets, the euro against the dollar rose $1.3220 to $1.3252 on Tuesday night in New York. Dollar rose to 84.31 yen, from 84.20 yen.




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