Asian index futures
advanced with U.S. stocks, while the euro held gains versus major peers
amid optimism the actions of Greece™s new government won™t force the
nation™s exit from the currency bloc. Australian bonds fell.
Futures on Japan™s
Nikkei 225 Stock Average climbed more than 1 percent in Osaka and
Chicago, as contracts on indexes from Sydney to Seoul increased. The
Standard & Poor™s 500 Index added 0.3 percent in New York, with
trading volumes below average amid forecasts for a blizzard. The euro
was steady after gaining at least 0.3 percent against the yen and the
dollar Monday, while ruble forwards weakened after Standard & Poor™s
cut Russia™s credit rating to junk. Ten-year Australian bond yields
rose four basis points, pacing gains in Treasury rates.
European finance
ministers have signaled their willingness to work with Greek Prime
Minister-elect Alexis Tsipras, as long as the leader of the victorious
Syriza Party drops his demand for a debt writedown. China will report on
industrial company profits today, while Sri Lanka reviews interest
rates and the Philippines posts trade data. The Federal Reserve starts a
two-day meeting to review U.S. interest rates and monetary policy for
the first time in 2015.
Source : Bloomberg
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