Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Asia stocks rise on US jobs data

Asian stock markets rose on Friday, to find new strength from the fall in the U.S. unemployment benefit claims, aims to promote the region's economic subsides, the European Central Bank to cut interest rates.
Nervous investors in the heart of the U.S. economy status report from the U.S. Department of Labor said that claims for unemployment benefits last week fell to the lowest level in more than four years. This calm concerns exacerbated report released Wednesday shows lackluster recruitment and factory output.
Hong Kong's Hang Seng index rose 0.8%, to 22,853.89 points. Australia's S & P / ASX 200 index rose 0.1% to 5,134.50. South Korea's Kospi rose 0.1 percent to 1,958.41 points. Benchmarks in mainland China and the Philippines also rose. New Zealand and Singapore fell.
, The Japanese market is closed for a public holiday.
The European Central Bank cut interest rates to the market, in Europe on Thursday a small elevator. The 17 EU countries that use the euro interest rate, the central bank cut interest rates by a quarter of a percentage point a new record low of 0.5%.
This decision is a serious operation, which is expected to remain in the economic recession, the first quarter is generally expected euro zone economic data released later this month.
"It is important that the core countries has been increasingly affected by weak economic growth prospects for the German economy remains to be seen whether the strong rebound any time soon, analysts said," Calyon review in the market.
The Labor Department report from CBS and higher profits, Facebook and other companies sent Wall Street higher on Thursday. The Dow Jones industrial average rose 0.9 percent, to 14,831.58. The Standard & Poor's 500 index rose 0.9 percent, to 1,597.59. The Nasdaq Composite Index climbed 1.3% to 3,340.62 points.
On Friday, the close attention of the U.S. government will release its monthly employment report.
In electronic trading on the New York Mercantile Exchange, benchmark crude for June delivery fell 19 cents to $ 93.80 a barrel. On Thursday on the New York Mercantile Exchange, the biggest one-day gain, crude oil since the November contract rose $ 2.96, or 3.3%, to close at $ 93.99 a barrel.
In currencies, the euro rose to $ 1.3076 from $ 1.3058 late Thursday in New York. The dollar rose slightly to 98 yen from 97.96 yen.
 
 



Other News:
Asia stocks rise on US jobs data
US has a range of military options in Syria
Four die in NATO plane crash in Afghanistan
As US drone strikes rise in Yemen, so does anger
U.S. suspects Syria used chemical weapons, wants proof
Apple Fights Patent Trial Verdict to Keep iOS Security Feature Intact
Oil rises to near $92 on central bank hopes
Nasdaq may set aside $10 million to settle probe on Facebook IPO