The Asian market is reviving

After all closed in the red on Tuesday, the measures announced by the Bank of Japan and Nippon Monday the government had not convinced the financial markets, Asian stock markets ahead leave Wednesday, but with some caution. Thus, the Stock Exchange of Hong Kong ahead of 0.36% to 20,609.74 points and the Stock Exchange of China shows a small increase of 0.12% to 2906.64 points.

However, the rebound is more pronounced for the other Asian indices: the Nikkei 225 gained 0.90% to 8903.90 points. Sales of new vehicles rose by 46.7% in August year on year to 290,789 copies, according to figures from the Japan Automobile Dealers Association.

Moreover, Taiwan rose 0.51% to 7655 points, the Bank of Korea is strong revival, from 1.24% to 3709.66 points, the Bombay Stock Exchange was up 0.75% to 18,106 , 69 points, as from Singapore to 2972.17 points.

The Sydney Stock Exchange boosted by growth in Australia

But the largest increase is to the credit of the Australian Stock Exchange: 1.93% to 4489.10 points. The Australian economy grew by 1.2% in the second quarter 2010, or 3.3% over the last twelve months, according to figures released by the Bureau of Statistics. These figures are well above forecasts of analysts who had forecast a gross domestic product growth of 0.9% in the quarter ended in June and 2.8% in one year.

The yen slows its progression

On the currency markets, the euro is rising again against the yen (0.56% to 107.19 yen). Just as the dollar gained 0.32% to 84.36 yen.Suddenly, the export values evolve in an uncoordinated Honda earns 0.5% to 2793 yen and Canon rose 0.73% to 3450 yen, but Toyota lost 0.66% to 2841 yen and Sony dropped by 0.12% at 2365 yen.

Crude prices were up Wednesday in electronic trading in Asia, due to bargain hunting after losses the previous two days, dealers said.

In morning trading, a barrel of light sweet crude for October delivery gained 18 cents to 72.10 dollars, while that of Brent North Sea crude for October delivery took 17 cents to 74.81 dollars.

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