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Asian shares rise, Syria worries cap gains, oil off highs

Asian stock markets recovered some of the previous two meetings on Thursday steep loss fears diminished , the US-led coalition forces will soon launch a military strike against Syria , oil prices fell from a peak of six months .
Emerging market currencies to stabilize their recent beatings , setting off a four -year low , Indonesian rupiah as the country's central bank board is expected to meet and raise interest rates to defend the currency plummeted.
On Thursday, the rupiah rose 0.3 percent to close in April 2009 the lowest point since , while Jakarta shares. JKSE climbed 0.8 percent and Indonesia 's five-year credit default swaps, insurance contracts on debt default insurance, tightened about 10 basis points to 272 / 290 basis points.
Stocks and emerging market currencies rally may be short-lived , however, with investors remain in the U.S. cross-border raids sketched out the edges of Syria, may last several days plan.
Brent crude oil prices fell 0.7 percent to $ 116 per barrel less than the climb up to 2.6% , a six-month high Wednesday concern that any Western military strike may prompt retaliation and destruction in the Middle East after the supply of crude oil , of which the pump Third World oil .
Gold fell 0.5 percent to $ 1,410 an ounce, up 1.2% gain near three -month high the previous day 's flight safety.
" Wall Street's rally will provide sufficient driving the market to recover some of the losses of previous sessions , " Dongbu Securities analyst Lee Eun- taek said.
U.S. stocks rose overnight , energy stocks rose on the back of high oil prices . . N
This helps to soothe nerves in Asia , Morgan Stanley Capital International index broadest Asia-Pacific shares outside Japan . MIAPJ0000PUS rose 0.6 percent , down 2.2% in the first two days after .
Japan's Nikkei N225 rose 0.5 percent , trading was light , but also help cut some safe-haven yen took a three-week high against the dollar recently chunky gains.
Pairing yen positions also helped the euro edge off 1-1/2 week low . Dollars to buy 97.61 yen , up from 96.81 , while the euro against 130.06 yen , from 129.66 .
"We believe that NATO's military action remains possible circumstances, even a relatively limited range until there is more clarity, our bias is to keep a low positioning of the moment," BNP Paribas (BNP Paribas) , a strategist at a the report said .
Breathing space
Emerging markets have been battered geopolitical tensions and economic stimulus measures are expected to decline , probably by next month, as soon as the U.S. Federal Reserve Board , Thursday stabilized somewhat .
Overnight, part of Brazil raised its benchmark interest rate to 9% to a new high of 16 months in order to help support its currency.
India's central bank's latest attempt to support its currency , which means that dollars will directly provide state-owned oil " until further notice ."
Indian rupee fell sharply on Wednesday , hit a record low of $ 68.85 , closing down 3.7% , the same day in its nearly 18 years, the largest single-day percentage drop .



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