PT. KPF – Asian stocks rose for a fifth day after U.S. shares finished the week at all-time highs amid earnings reports and data that pushed back expectations for interest-rate increases. The dollar was weaker against most peers.
The S&P/ASX 200 Index climbed 0.6 percent by 9:14 a.m. in Tokyo, helping the MSCI Asia Pacific Index to a 0.2 percent gain as the Kospi index advanced in Seoul. Hang Seng Index futures increased 0.4 percent in most recent trading while those on U.S. indexes were little changed. The Bloomberg Dollar Spot Index held near its lowest level in seven weeks. The euro was steady after gaining Friday even as talks on aid for Greece ended in acrimony. U.S. oil swung between gains and losses.
Investors are awaiting a Federal Reserve meeting this week for more clues as to the timing of interest-rate increases after a surprise drop in capital-goods orders. China publishes industrial profit data Monday, while the Bank of Japan decides policy Thursday. Apple Inc. reports earnings Monday after better-than-forecast results from Microsoft Corp., International Business Machines Corp. and Amazon.com Inc. helped push U.S. stock indexes to records last week.
Source : Bloomberg