Markets this morning strong across Asia, following yesterdays’ comments from Draghi on making every effort to preserve the Euro, and also renewed speculation of fresh stimulus from Japan on weaker than expected inflation data. In corporate news Samsung rose around 5% after forecasting higher demand for panels and handsets in emerging markets, whilst steelmaker JFE climbed around 10% on  better than expected results but maker of memory chip tester, Advantest, fell around 7.5% after first quarter profit missed estimates.

 

Posted by Philip Ball | Sales and Trading