Strengthening Asian stock enters day 5, as the
strengthening Nikkei incredible to be able to touch its highest level since
more than 18 years. Nikkei 225 rose today as far as about 0.4 percent compared
to yesterday. Since the beginning of 2015 until now has managed Nikkei gained
20 percent so far.
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| Nikkei Rises, Highest Level touching 18 Years |
Capital markets the United States and Europe as well as
to extend gains on Tuesday, backed by strong economic data which are clues
about when the Fed will raise interest rates. In addition, optimism that a deal
between Greece by its creditors will soon be reached to reinforce the positive
sentiment.
Japan's own economy has improved and gains that have been
achieved by companies also increased. The focus of the market today is the
prospect of monetary policy in the United States, where the market expects rate
hikes will be gradual-stage. Market participants are also to monitor
developments related to Greece and the euro area.
Mini futures contract index Standard and Poor's 500 rose
less than 0.1% after gaining 0.1% so far Tuesday. The positive sentiment
derived from housing purchases rose in May to 546,000, the data is the
strongest since February 2008. Another report from the US Commerce Department
showed that the degree of ordering goods manufacturers for business equipment
also rose last month, which represents an increase to 2 this year.
According to a Fed governor, Jerome Powell, chances are
50-50 for the improvement of the US economy to be a strong enough reason for
the Fed to raise interest rates in September. He also predicted that the FOMC
will return to raise interest rates in December.
