Investing.com - Asian stock markets rose on Tuesday as Japan emerged from a Monday holiday to trade on better-than-expected U.S. jobs data that broke last Friday.
Reports that European leaders remain united in keeping the currency zone intact also bolstered Asian equities markets.
During early Asian trading Tuesday, Hong Kong's Hang Seng Index was up 0.37%, Australia's S&P/ASX200 was up 0.95%, while Japan’s Nikkei 225 Index was up 0.42%.
In the U.S. on Friday, the Labor Department reported that the economy added a net 200,000 nonfarm payrolls in December, above market expectations for a 150,000 gain.
Japanese markets were closed on Monday but opened trading positively on the news Tuesday.
Furthermore, French President Nicolas Sarkozy and German Chancellor Angela Merkel agreed on Monday to remain united in keeping the eurozone intact but stressed Greece must stick with agreed-upon austerity and financing terms if it wants more aid down the road.
"Asia and the U.S. are being hit less by Europe than expected, which is positive for Japan’s stocks," said Shintaro Takeuchi, portfolio investment group manager at Tokio Marine & Nichido Fire Insurance, which oversees $113 billion in assets, according to Bloomberg.
"U.S. economic data continue to be firm."
Hong Kong's leading gainers included Esprit Holdings, up 7.60%, Sinopec, up 2.13%, and Sino Land, up 2.05%.
In Australia, the top gainers included Pacific Brands, up 16.07%, Perseus Mining, up 6.27%, and Alumina, up 5.02%.
European stock futures indicated further gains.
France's CAC 40 futures pointed to a gain of 0.28%, while Germany ’s DAX 30 futures signaled a gain of 0.21%. Meanwhile, in the U.K., the FTSE 100 futures indicated a gain of 0.21% as well.
Dow Jones Industrial Average futures were up 0.19% while the broader S&P 500 futures were up 0.27%.
In the U.K. later Tuesday, the British Retail Consortium is to release retail sales data.
The U.K. will also release industry data on house price balance, a key gauge of housing inflation.
The eurozone will unveil figures on French industrial production, a leading indicator of economic health as well.
In the U.S., FOMC members John Williams and Sandra Pianalto are expected to speak.
Asia stocks up on U.S. data; Nikkei gains 0.42%
Investing.com - Asian stock markets rose on Tuesday as Japan emerged from a Monday holiday to trade on better-than-expected U.S. jobs data that broke last Friday.
Reports that European leaders remain united in keeping the currency zone intact also bolstered Asian equities markets.
During early Asian trading Tuesday, Hong Kong's Hang Seng Index was up 0.37%, Australia's S&P/ASX200 was up 0.95%, while Japan’s Nikkei 225 Index was up 0.42%.
In the U.S. on Friday, the Labor Department reported that the economy added a net 200,000 nonfarm payrolls in December, above market expectations for a 150,000 gain.
Japanese markets were closed on Monday but opened trading positively on the news Tuesday.
Furthermore, French President Nicolas Sarkozy and German Chancellor Angela Merkel agreed on Monday to remain united in keeping the eurozone intact but stressed Greece must stick with agreed-upon austerity and financing terms if it wants more aid down the road.
"Asia and the U.S. are being hit less by Europe than expected, which is positive for Japan’s stocks," said Shintaro Takeuchi, portfolio investment group manager at Tokio Marine & Nichido Fire Insurance, which oversees $113 billion in assets, according to Bloomberg.
"U.S. economic data continue to be firm."
Hong Kong's leading gainers included Esprit Holdings, up 7.60%, Sinopec, up 2.13%, and Sino Land, up 2.05%.
In Australia, the top gainers included Pacific Brands, up 16.07%, Perseus Mining, up 6.27%, and Alumina, up 5.02%.
European stock futures indicated further gains.
France's CAC 40 futures pointed to a gain of 0.28%, while Germany ’s DAX 30 futures signaled a gain of 0.21%. Meanwhile, in the U.K., the FTSE 100 futures indicated a gain of 0.21% as well.
Dow Jones Industrial Average futures were up 0.19% while the broader S&P 500 futures were up 0.27%.
In the U.K. later Tuesday, the British Retail Consortium is to release retail sales data.
The U.K. will also release industry data on house price balance, a key gauge of housing inflation.
The eurozone will unveil figures on French industrial production, a leading indicator of economic health as well.
In the U.S., FOMC members John Williams and Sandra Pianalto are expected to speak.
Reports that European leaders remain united in keeping the currency zone intact also bolstered Asian equities markets.
During early Asian trading Tuesday, Hong Kong's Hang Seng Index was up 0.37%, Australia's S&P/ASX200 was up 0.95%, while Japan’s Nikkei 225 Index was up 0.42%.
In the U.S. on Friday, the Labor Department reported that the economy added a net 200,000 nonfarm payrolls in December, above market expectations for a 150,000 gain.
Japanese markets were closed on Monday but opened trading positively on the news Tuesday.
Furthermore, French President Nicolas Sarkozy and German Chancellor Angela Merkel agreed on Monday to remain united in keeping the eurozone intact but stressed Greece must stick with agreed-upon austerity and financing terms if it wants more aid down the road.
"Asia and the U.S. are being hit less by Europe than expected, which is positive for Japan’s stocks," said Shintaro Takeuchi, portfolio investment group manager at Tokio Marine & Nichido Fire Insurance, which oversees $113 billion in assets, according to Bloomberg.
"U.S. economic data continue to be firm."
Hong Kong's leading gainers included Esprit Holdings, up 7.60%, Sinopec, up 2.13%, and Sino Land, up 2.05%.
In Australia, the top gainers included Pacific Brands, up 16.07%, Perseus Mining, up 6.27%, and Alumina, up 5.02%.
European stock futures indicated further gains.
France's CAC 40 futures pointed to a gain of 0.28%, while Germany ’s DAX 30 futures signaled a gain of 0.21%. Meanwhile, in the U.K., the FTSE 100 futures indicated a gain of 0.21% as well.
Dow Jones Industrial Average futures were up 0.19% while the broader S&P 500 futures were up 0.27%.
In the U.K. later Tuesday, the British Retail Consortium is to release retail sales data.
The U.K. will also release industry data on house price balance, a key gauge of housing inflation.
The eurozone will unveil figures on French industrial production, a leading indicator of economic health as well.
In the U.S., FOMC members John Williams and Sandra Pianalto are expected to speak.
Asia stocks up on U.S. data; Nikkei gains 0.42%
Investing.com - Asian stock markets rose on Tuesday as Japan emerged from a Monday holiday to trade on better-than-expected U.S. jobs data that broke last Friday.
Reports that European leaders remain united in keeping the currency zone intact also bolstered Asian equities markets.
During early Asian trading Tuesday, Hong Kong's Hang Seng Index was up 0.37%, Australia's S&P/ASX200 was up 0.95%, while Japan’s Nikkei 225 Index was up 0.42%.
In the U.S. on Friday, the Labor Department reported that the economy added a net 200,000 nonfarm payrolls in December, above market expectations for a 150,000 gain.
Japanese markets were closed on Monday but opened trading positively on the news Tuesday.
Furthermore, French President Nicolas Sarkozy and German Chancellor Angela Merkel agreed on Monday to remain united in keeping the eurozone intact but stressed Greece must stick with agreed-upon austerity and financing terms if it wants more aid down the road.
"Asia and the U.S. are being hit less by Europe than expected, which is positive for Japan’s stocks," said Shintaro Takeuchi, portfolio investment group manager at Tokio Marine & Nichido Fire Insurance, which oversees $113 billion in assets, according to Bloomberg.
"U.S. economic data continue to be firm."
Hong Kong's leading gainers included Esprit Holdings, up 7.60%, Sinopec, up 2.13%, and Sino Land, up 2.05%.
In Australia, the top gainers included Pacific Brands, up 16.07%, Perseus Mining, up 6.27%, and Alumina, up 5.02%.
European stock futures indicated further gains.
France's CAC 40 futures pointed to a gain of 0.28%, while Germany ’s DAX 30 futures signaled a gain of 0.21%. Meanwhile, in the U.K., the FTSE 100 futures indicated a gain of 0.21% as well.
Dow Jones Industrial Average futures were up 0.19% while the broader S&P 500 futures were up 0.27%.
In the U.K. later Tuesday, the British Retail Consortium is to release retail sales data.
The U.K. will also release industry data on house price balance, a key gauge of housing inflation.
The eurozone will unveil figures on French industrial production, a leading indicator of economic health as well.
In the U.S., FOMC members John Williams and Sandra Pianalto are expected to speak.