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  1. #1
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    Default Asian stocks up slightly on improving U.S. home data

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    Asian stock markets edged up on Wednesday as rising home prices in the U.S. eased jitters over the robustness of the world’s No. 1 economy.

    A report showing that U.S. home prices rose 1.3 percent in April, indicating an uptick a sector closely tied to the health of the overall economy, helped send Wall Street higher on Tuesday. The increase in April was the first in seven months.

    The data was a sorely needed bright spot amid signs that a solution to Europe’s debt crisis is not close at hand. Hong Kong’s Hang Seng rose 0.7 percent to 19,110.29. Australia’s S&P/ASX 200 added 0.6 percent to 4,038.60. But South Korea’s Kospi fell 0.3 percent to 1,813.08.

    Japan’s Nikkei 225 was nearly unchanged at 8,664.20 as traders awaited the start Thursday of a summit in Brussels where European Union leaders will try to reach an agreement on dealing with the continent’s chronic debt crisis.

    Analysts at Credit Agricole CIB in Hong Kong said in a commentary that they expect markets to be in a holding pattern ahead of the EU summit.
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  2. #2
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    Sorry to post on this old thread. I don't quite get it. The economy is in pretty bad shape at the moment but they are still rising pricing on housing? Looks to me that there won't be any sale at all in this industry. generic viagra
    Last edited by erika445; 10-03-2012 at 04:14 AM.

 

 

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