Japanese
stocks rose, following U.S. equities higher, as investors speculated
that the Federal Reserve will refrain from raising U.S. interest rates
this week.
The
Topix index added 1.1 percent to 1,477.91 as of 9:01 a.m. in Tokyo,
with all but two of its 33 industry groups gaining. It is headed for its
first advance this week. The Nikkei 225 Stock Average increased 1.1
percent to 18,230.34. The Fed announces its interest rate review
Thursday. The Bank of Japan publishes its September economic report on
Wednesday, a day after it maintained its record monetary stimulus.
E-mini
futures on the Standard & Poor’s 500 Index were little changed
after the underlying equity measure rose 1.3 percent on Tuesday, closing
at its highest level in more than two weeks.
Source : Bloomberg
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