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Upbeat data spreads cheer to Asian shares

Asian stocks rose in early trading after the economic data on Friday that the global economy is growing, continuing worries that the U.S. Federal Reserve Board may withdraw stimulated edge off.
Morgan Stanley, the most widely used in the Asia-Pacific shares outside Japan. Index MIAPJ0000PUS rose 0.2%, from the six-week low hit last Thursday. Japan's Nikkei average rose 2.0 percent N225.
Global stock markets rose on Thursday, registering their best next European shares since early this month, the three major U.S. indices closed higher, despite the nearly three hours of system failure to stop trading Nasdaq-listed shares over 3000.
Purchasing managers survey shows that in the euro area, as well as China's manufacturing rebound in U.S. manufacturing activity rose to a five-month high this month, better than expected growth.
"These are positive factors, because these countries are Japan's main export market," said Toshihiko Matsuno, SMBC Friend Securities in Tokyo, senior strategist.
"Yesterday's China PMI data optimistic appease frustration, while some investors are concerned about the emerging countries, so investors are not prepared to 'risk' Not from the U.S. and European data, to assure them," he said. "
U.S. Labor Department released data also show that nearly six-year low last week, new jobless claims increased indications that the U.S. employment situation is stable.
But brighter U.S. economic data has a dark weakness, some analysts said, because it would limit the market to enhance income expectations, the economy is strong enough for the Fed to stimulate early next month to start tapering. This may attract more capital from emerging countries.
The dollar index. DXY rose slightly 81.551 against a basket of currencies. On Thursday, breaking initial resistance at 81.604, its 200-day moving average line, playing one week peak of 81.719.
The dollar rose 0.2% against the Japanese currency after 98.91 yen 98.93 yen hit earlier, on August 5, the highest since the euro at $ 1.3345 down slightly.
In commodity trading, the price of copper fell 0.2 percent to $ 7,309 per ton, but the data show that China's manufacturing support demand from the world's second largest economy and the top metal consumers can pick up.
Gold fell slightly to 1,372.49 dollars per ounce. Chinese purchasing managers index also helped boost precious metals, but the optimistic expectations of global economic data and pressure, the U.S. Federal Reserve Board will soon taper stimulation.
Brent crude oil futures prices rose slightly $ 109.97 a barrel. In the Middle East and North Africa, driven by rising political tensions in oil prices this week, but the report ready for some of the Libyan port of export supply worries eased.



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