Asian shares rise ahead of Fed
economy, ahead of a policy decision by the Federal Reserve.
Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo August 5, 2011. REUTERS/Issei Kato/Files
Bank of Japan policy meeting, which began on Monday, will also remain in focus. The bank is canada goose clearance sale expected to hold canada goose coats rates as the economic outlook and risks have not https://www.canadagooseparkasoutlet.ca changed much since its last meeting nearly a month ago. jobs data.
In the stock market, Japan cheap Canada Goose benchmark Nikkei share average rose canada goose clearance 0.9 percent, buoyed by demand for defensive sectors such as real estate, edging close to a seven Canada Goose sale month high hit the previous day.
The MSCI index of Asia Pacific shares outside of Japan also added 1.3 percent and reached its highest since March 5 at one point after slipping on Monday on Canada Goose Online concerns about a moderation in Chinese demand.
Australian shares rose 1.2 percent, underpinned by a recovery in the mining Canada Goose Jackets sector, while South Korean shares gained 1.2 percent as exporters and growth stocks rebounded. Federal Reserve policy statement on Tuesday will be closely watched, particularly after last Friday data showed an encouraging Canada Goose online gain of more than 200,000 jobs in February for a third straight month.
Recent signs of improvement in the world biggest economy have given Canada Goose Coats On Sale a boost to the dollar and caused a rethink on how aggressive the Fed needs to be in applying further stimulus.
A focal point canada goose uk outlet during Asian trade will be the Bank buy canada goose jacket of Japan policy decision, which is expected around 0330 0530 GMT.
The Bank of buy canada goose jacket cheap Japan is expected to refrain from canada goose uk black friday easing monetary policy canada goose coats on sale further on Tuesday, while stressing its website readiness to uk canada goose outlet act again in coming canada goose factory sale months if needed and extending a cheap loan line supporting growth industries.
The BOJ monetary policy has been Canada Goose Parka in the spotlight after its surprise easing in canada goose black friday sale February, when it expanded its asset buying scheme by 10 trillion yen and set a 1 percent inflation goal, triggering cheap canada goose uk a uk canada goose broad slide in the yen.
Currency traders Canada Goose Outlet have said that there has been canada goose some market speculation that the BOJ may conduct more monetary easing on Tuesday, an canada goose uk shop outcome that could spark another sell off in canadian goose jacket the Japanese currency.
Gold edged up to $1,703.79 an ounce, while crude oil futures rose 0.6 percent to $106.97 after falling on Monday on China fears and concerns about canada goose store recession in Italy.