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It was good to see quite a few Asian stocks climb yesterday taking the Australian and the Hong Kong Indexes to reach record closes yesterday with the Australian S&P/ASX 200 Index rose 0.6 percent and Hang Sang Index gained 0.7 percent . The other Indexes which rose were the Kospi in South Korea, Japanese Nikkei,
The reason for the rise in these stocks in Indexes was the gains made by a metal that is zinc and copper. It is expected that next year growth is going to happen globally and demand is driving the commodities market to a large extent.
I feel that even thought the stocks are doing good due to good commodities market, when currencies especially Yen doing great against the dollar may take the Indexes down, like today morning when the Nikkei dropped 0.4 percent with a stronger Yen .
to know more about the marke logon to my blog
investormarketnews.blogspot.com
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