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Asia stocks higher ahead of US jobs report

Bangkok (AP) - to encourage better than expected retail sales U.S. jobs report boost the Asian stock market Friday's monthly employment report, in the world's top economic.
Last week the release of the government's digital display of americans for the first time the number of unemployment benefits rose to 367000. This is considered to be good news, because it is less than economists had expected.
Although sales slowdown in growth, September American retailers report, analysts said, as a greater economic slowdown usually appear in the month is the result of a encouraging signs. September sales year-on-year growth of 6%, August rise 3.9% - economic slowdown, industry organization said on Thursday.
Japan's nikkei 225 index rose 0.2% to 8844.93 after, the bank of Japan a two-day policy meeting announced after the country's benchmark interest rate did not change.
South Korea's Kospi index rose 0.2% to 1995.98 point, Hong Kong's hang seng increased 0.3% to 20968.09. In Singapore, Indonesia and New Zealand rising benchmark. In the Chinese market closed because of public holidays.
Although the global economic crisis - including Europe debt crisis and China's economic growth slowed - the stock market have gained ground, this be partially attributed to investment to promote the optimism, the United States federal reserve and other central Banks action.
For example, the federal reserve, has been going on for three wheel bond purchase, is called the quantitative easing policy, help shored up the American economy. This injection of capital invested system, can lending and stimulate economic growth. Ultra-low interest rates purpose is to encourage households to buy and reflation softness in the American housing market.
But some analysts said, there is so much money sloshing around the global economy operation risk, asset bubbles and overload government, they cannot repay debt.
"Asian stock market is the steroid high. The quantitative easing monetary policy, liquidity flood, asset bubble," said Francis Aaron, bobcats holdings in Hong Kong's managing director.
"No one has the ability, truly achieve meaningful reform, it is to contain the welfare spending and curb the power of the unions," said Aaron. "These are two fundamental reform, the government never do courage."
, Toyota motor company in Japan's stock market fell 1.8%, while nissan motor company fell 1.5%. A nikon fell 4.6%.
In hong kong-listed gome electrical appliances holding rose 6%. China shipping container lines co., LTD., rose 3.7%.
This week one of the most important events in the late on Friday, the United States department of labor issued monthly employment report - the world's largest economy growth is one of the key indicators. Economists predict that the unemployment rate edged to 8.2%, 8.1% on September in August.
In the electronic disk trading, the New York mercantile exchange November delivery benchmark crude oil fell 42 cents to $91.29 a barrel. The contract up 3.57 ~ $91.71 a barrel, the New York mercantile exchange (Thursday).
In currency markets, the euro small drop $1.3015, from $1.3018 in New York on Thursday night. The fall in the dollar to 78.36 yen, from 78.50 yen.




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