Asian stocks have risen today, Thursday, with the spread of a wave of rise fed by technology companies in Wall Street throughout the region. The shares in Japan and South Korea have progressed with the yen that withdraws its strongest level against the dollar since December. The MSCI index of Asia and the Pacific rose to the highest level in almost a month. The technological stock index at the regional level has advanced more than 2% after the shares of “Invidia” rose by 8.2% in one night. Chinese stocks also rose in early trading. The markets are mainly expected to reduce the interest rate by 25 basis points by the Federal Reserve when it meets next week according to the exchange contracts, without the interest rate excluding with 50 basis points. Once the ‘federal’ borrowing costs begin to lower, the discussion will deal with the pace of subsequent facilitation. Treasury effects have completed, as yields on the bonds reached 3.67% on Wednesday, Wednesday. The returns of Australia and New Zealand were small. US inflation and the number of the office of the work statistics showed yesterday, Wednesday, that the SO -Name Basic Consumer Price Index – which excludes food and energy costs – rose 0.3% compared to July, which is the largest increase in four months, and 3.2% compared to last year. The three -month annual rate rose 2.1%, according to 1.6% in July, according to “Bloomberg” accounts. “It’s not the consumer price index report that the market wanted to see,” said Sima Shah of Princess City Management. She added: “It is certain that the number is not an obstacle to the procedure to reduce interest next week, but it is likely that the Hawks in the central bank today will utilize the consumer price index as proof that the last step of inflation must handle carefully and cautiously.” The dollar index completed it yesterday after its decline. The oil has maintained its profits since yesterday’s session, with Hurricane Frances penetrating the most important oil production areas in the US Gulf of Mexico, urging the traders to stop the plunged bets. Elaine’s movements, a member of the Bank of the Bank of Japan, Naoki Tamura, urged the yen to rise slightly after his comments on increasing the standard rate to at least 1% by the end of the expectation period. Yesterday, another member of the Board of Directors, Jonko Nakagawa, said that the central bank would continue to amend monetary policy, provided the performance of the economy matched the expectations received in the comments that led to the rise of the yen. The Japanese producers’ price index rose lower than expected in August. Other data, which is expected to be published in Asia, include the prices of producers in Hong Kong, inflation and industrial production in India and the interest rate decision in Pakistan. Investors also show a new interest in Southeastern Asian stocks, which emerged as a favorite trade among the followers of follow -up funds for the Federal Reserve’s directions. It does not need to know if the economy has started a gentle decline, or the tendency towards a more difficult landing at some point next year, except for a series of modest discounts in interest rates, which increases investors’ speculation. The Federal Reserve exchange contracts are currently applying more than 140 basis points of interest rates by the interest decision scheduled for the meeting on January 29, which is equivalent to nearly two movements at half a point during the next four meetings if no emergency took place between the meetings. Krishna Joe van Evercore said: “The most stable primary inflation rate will make Jerome Powell to make a 50 -point reduction in September.” He added: “We still believe that the initial reduction by 50 basis points is the right procedure and can now become a reality. But the possibilities have moved against it, and consequently the risks in markets and soft countries are higher.” Joe ”indicated that if the Federal Reserve does not reduce interest rates by 50 basis points next week, it is possible that it will do so in November. To raise $ 6.5 billion investors to be $ 150 billion, according to people familiar with the case.
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