Asian stocks rose to six-week high on Tuesday, led Chinese stock market rally, while gold in more than a year after its biggest one-day gain a breather.
European stock markets opened higher, tracking gains in Asia. Investors also pay close attention to the U.S. technology giants like Apple Inc. (AAPL.O: Quote) earnings report.
Among the best performing in Asia, Hong Kong's Hang Seng. Hang Seng Index rose 2.0%, the CSI 300 Index. Leading Shanghai and Shenzhen A-share listed CSI 300 rose 2.5%.
Strong gains in the Chinese market to help drive MSCI Asia-Pacific shares outside Japan broadest indicator. MIAPJ0000PUS rose 1.3 percent, the highest since early June, Tokyo's Nikkei index, the Nikkei index closed up 0.8%.
In China by independent media reported that the government will use the railway project to help cut the excess iron and steel, cement and other building materials, Beijing will not allow economic growth to sink below the 7% boost sentiment.
Concerned about the rapid economic slowdown in China, and plans by the U.S. Federal Reserve began to fine-tune its massive bond-buying program later this year, global stock markets in recent weeks to see falter.
Japanese stocks rose for a second day after Prime Minister Shinzo Abe (Shinzo Abe) weekend in the upper house election victory.
The victory has strengthened Abe's mandate to push through painful economic reforms to end decades of stagnation, although he still has to overcome the opposition party.
"In Japan, people, especially the long onlys, not overweight, as long as the market is stable - the U.S. market looks good, China is not falling off a cliff - here and there will be speculative buying," a senior dealer In the Tokyo foreign brokerage said.
Precious attract good interest because it continues to recover in the second quarter fell 23%.
Spot gold remained at $ 1,330 an ounce on Monday, up about 3%, in June 2012 the best performance since. Push gold rally has further away from the pipeline in the month before the 34 month low of $ 1,180.71.
"People are more confident of the downside risks have receded, just a little bit, a Hong Kong-based precious metals trader said."
Traders said investors across market participants profit-taking and closed numerous assets in short positions in the last few months had fallen sharply theme.
Consistent, there is a rebound, the yen and the Australian dollar, which in turn pushed the dollar broadly lower.
The dollar index dollar index, which tracks the greenback against a basket of major currencies, was, wallowing in a month lows, down 0.5% following Monday.
The euro was little changed at $ 1.3191 a day, one-month high of $ 1.3218 overnight cap. USDJPY below 100 were high hopes from Monday's high 101.05.
The Australian dollar rose 0.1 percent to $ 0.9256, $ 0.8998 set further away earlier this month at a three-year low.
Commodity price of copper slipped back below $ 7,000 a tonne soft, reversing Monday's 1.7 percent rally. U.S. crude oil trading around $ 107 a barrel as investors booked profits after it has hit a 16-month high $ 109.32 on Friday.
 



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