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Tuff-Stuff

01/21/14 5:28 AM

#531056 RE: Tuff-Stuff #531055

Asian shares are higher, led by stocks in Japan and China.
Japanese stocks rose as the USD-JPY increased 0.45% to ¥104.65 following a WSJ report that the Fed could further cut its bond-buying at a meeting next week. The BOJ is holding a policy meeting today and tomorrow, and is expected to maintain its massive stimulus. Expectations of strong Japanese corporate earnings also boosted the mood.
Chinese shares rose after the PBOC injected money into the financial system.
Japan +1% , Hong Kong +0.5%, China +0.9%, India +0.25%