After most from the European banks passed stress tests, the Asian stocks rose to a 1 month high. The Asian stock markets posted moderate gains. Exercise routines, meal seen that the oil prices increased above a barrel. Dollar too increased up when compared to the yen and the euro too strengthened. The stress tests eradicated industry uncertainties in Tibet.
Stocks rose today after Japanese manufacturers surveyed in the robotic equipment company – ads Trade Ministry said they plan to increase factory output 8 percent this month and advantageous 7.7 percent in Summer. If those plans materialize, the index that tracks Japan’s industrial production would rise to 97.1, slightly under February’s level of 97.9 before the quake.
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