Asian markets rose on Friday, hours ago, President Obama and key congress met at the White House, trying to work out a 11 hours of budget compromise, to avoid the so-called fiscal cliff.
MPS until Monday night work out a hundreds of automatic to increase taxes and government spending cuts that die big reorganization money billions of dollars in budget before the agreement, may cause the United States into another recession, economists warn.
Failed to avoid fiscal cliff does not necessarily mean to increase taxes and spending cuts, will become permanent, because the new congress to pass legislation, cancel the trace, start work next year.
Japan's nikkei 225 index parade in March 2011, and the highest level since. Tokyo benchmark rose 0.8% to 10403.01.
Investors have been cheering named after the new Japanese prime minister Shinzo Abe (Shinzo Abe) and his telephone, public construction spending, to revitalize the economy. He also hope that the bank of Japan to improve their inflation targets from 1% to 2% of the country took twenty years of deflation, the price has been steadily declining, numbness of economic activity.
Hong Kong's hang seng index rose less than 0.1% to 22653.86, and South Korea's Kospi index rose 0.3% to 1993.48 point. Australia's S&P/ASX 200 index rose 0.6% to 4675.40.
Market has some lift, from optimistic data, in the United States and Germany's finance minister Wolfgang · ShuoYiBuLe when accepting a reporter to interview, the worst, in the use of euro 17 European Union countries debt crisis seems to have the past statement.
In the United States, seeking unemployment benefits in the past a month average quantity down to a sign that the job market is healing in March 2008, the lowest level since.
To the us budget negotiations concerns sent Wall Street small low on Thursday. At closing, the dow Jones industrial average index fell 0.1% to 13096.31. Standard &poor's 500 index fell 0.1% to 1418.10 points, the nasdaq composite index fell 0.1% to 2985.91 point.
In electronic trading on the New York mercantile exchange in February delivery benchmark crude oil rose 39 cents, to $91.26. The contract down 11 cents, finish, $90.87 a barrel.
In currency markets, the euro against the dollar rose $1.3240 to $1.3245 in New York on Thursday night. The dollar goes up to 86.43 yen,, from 86.02 yen.
 



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