TOKYO, Dec 3 (Reuters) - Asian stocks are likely to rise on
Thursday, with metals and resource shares are seen stronger after
gold hit a record high and copper climbed to a 15-month high, but
gains may be limited after Wall Street ended mixed.
The Nasdaq edged up as retailers gained on strong online holiday sales, but the S&P 500 was flat while the Dow edged lower.
Asian stocks listed on Wall Street rose 0.4 percent, while MSCI's measure of Asia Pacific stocks excluding Japan rose 1.1 percent.
A private-sector survey showed U.S. private employers shed 169,000 jobs in November, fewer than the 195,000 jobs cut in October, but worse than the 130,000 expected by analysts polled recently by Reuters.
Key U.S. government monthly jobs data is due out on Friday, and trade may be limited ahead of this.
Japanese shares gained on Wednesday but still underperformed most Asian markets, with attention on a meeting between Bank of Japan governor Masaaki Shirakawa and Prime Minister Yukio Hatoyama after the close.
Nikkei futures traded in Chicago closed at 9,705, up 0.8 percent from the Osaka close..
A BOJ policymaker signalled on Wednesday the central bank was open to adopting more measures to support the economy following its emergency meeting the previous day that offered extra short-term funding, but Shirakawa said Hatoyama did not ask him to take additional easing steps when they met.
The dollar on Wednesday posted its best performance against the yen in six weeks after Hatoyama said the yen's rise could not be left 'as it is.' It was up 0.7 percent at 87.37.
Gold hit a record high about $1,210 an ounce. > Nasdaq gains with online retailers; Dow slips > Gold surges to record high; nears $1,220/oz > Europe OKs plan to revamp policing of banks > Oil falls over 2 pct on US supply build > Developing states reject Copenhagen plan > Fed sees weak US economy improving modestly > BOJ's Suda:Cbank open on policy options > Euro zone PPI up, > Geithner-Chunk of TARP funds won't be needed
KEY INDEXES pct change
Bank of New York Asia ADR index +0.40
Dow Jones Industrial Average -0.18
Nasdaq Composite Index +0.42
MSCI Asia Pacific ex-Japan +1.07
Nikkei futures in Chicago 9,705
Nikkei futures in Osaka 9,630
TOP ASIA EVENTS:
For more Asian company earnings, see
JAPAN - Vice finance minister news conference
- Sony Corp Chief Executive Howard
Stringer roundtable
S.KOREA - Banking groups' capital adequacy report
HONG KONG - China Water Affairs Group Ltd H1
- Kin Yat Hldgs Ltd H1
(Reporting by Elaine Lies; Editing by Denny Thomas)
((elaine.lies@thomsonreuters.com; +81 3 6441 1807; Reuters Messaging:elaine.lies.reuters.com@reuters.net)) For top Asian company news, double click on: U.S. company news European company news U.S. weekly outlook European weekly outlook Forex news Global Economy news Tech/Telecoms/Media Banking news Political/General news Asia Macro data ASIA STOCK MARKETS: Pan-Asia........ Japan....... S.Korea... S.E. Asia....... Hong Kong... Taiwan.... Australia/NZ.... India....... China..... DIARIES & DATA: IPO diary/data Asia earnings diary U.S. earnings diary European diary Hong Kong diary Wall Street Week Ahead Eurostocks Week Ahead LIVE PRICES & DATA: World Stocks Asian Stocks Dow Jones/NASDAQ / Nikkei FTSE 100 Debt Currency rates Keywords: MARKETS ASIA (If you have a query or comment on this story send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The Nasdaq edged up as retailers gained on strong online holiday sales, but the S&P 500 was flat while the Dow edged lower.
Asian stocks listed on Wall Street rose 0.4 percent, while MSCI's measure of Asia Pacific stocks excluding Japan rose 1.1 percent.
A private-sector survey showed U.S. private employers shed 169,000 jobs in November, fewer than the 195,000 jobs cut in October, but worse than the 130,000 expected by analysts polled recently by Reuters.
Key U.S. government monthly jobs data is due out on Friday, and trade may be limited ahead of this.
Japanese shares gained on Wednesday but still underperformed most Asian markets, with attention on a meeting between Bank of Japan governor Masaaki Shirakawa and Prime Minister Yukio Hatoyama after the close.
Nikkei futures traded in Chicago closed at 9,705, up 0.8 percent from the Osaka close..
A BOJ policymaker signalled on Wednesday the central bank was open to adopting more measures to support the economy following its emergency meeting the previous day that offered extra short-term funding, but Shirakawa said Hatoyama did not ask him to take additional easing steps when they met.
The dollar on Wednesday posted its best performance against the yen in six weeks after Hatoyama said the yen's rise could not be left 'as it is.' It was up 0.7 percent at 87.37.
Gold hit a record high about $1,210 an ounce. > Nasdaq gains with online retailers; Dow slips > Gold surges to record high; nears $1,220/oz > Europe OKs plan to revamp policing of banks > Oil falls over 2 pct on US supply build > Developing states reject Copenhagen plan > Fed sees weak US economy improving modestly > BOJ's Suda:Cbank open on policy options > Euro zone PPI up, > Geithner-Chunk of TARP funds won't be needed
KEY INDEXES pct change
Bank of New York Asia ADR index +0.40
Dow Jones Industrial Average -0.18
Nasdaq Composite Index +0.42
MSCI Asia Pacific ex-Japan +1.07
Nikkei futures in Chicago 9,705
Nikkei futures in Osaka 9,630
TOP ASIA EVENTS:
For more Asian company earnings, see
JAPAN - Vice finance minister news conference
- Sony Corp Chief Executive Howard
Stringer roundtable
S.KOREA - Banking groups' capital adequacy report
HONG KONG - China Water Affairs Group Ltd H1
- Kin Yat Hldgs Ltd H1
(Reporting by Elaine Lies; Editing by Denny Thomas)
((elaine.lies@thomsonreuters.com; +81 3 6441 1807; Reuters Messaging:elaine.lies.reuters.com@reuters.net)) For top Asian company news, double click on: U.S. company news European company news U.S. weekly outlook European weekly outlook Forex news Global Economy news Tech/Telecoms/Media Banking news Political/General news Asia Macro data ASIA STOCK MARKETS: Pan-Asia........ Japan....... S.Korea... S.E. Asia....... Hong Kong... Taiwan.... Australia/NZ.... India....... China..... DIARIES & DATA: IPO diary/data Asia earnings diary U.S. earnings diary European diary Hong Kong diary Wall Street Week Ahead Eurostocks Week Ahead LIVE PRICES & DATA: World Stocks Asian Stocks Dow Jones/NASDAQ / Nikkei FTSE 100 Debt Currency rates Keywords: MARKETS ASIA (If you have a query or comment on this story send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.