TradeTheNews.com Asian market update: markets of rally next week

(CN) CHINA JAN HSBC FLASH FERTIGUNGS-PMI: 48.8 v 49.0 before (3 consecutive contraction)
-(AU) Australia Q4 EXPORT price INDEX Q/f: 1.5% V-2.0%E (first decline since Q4 2010); Price INDEX Q/f: import 2.5% V 0.6%E (highest since Q3 2010)
-(JP) JAPAN DEC CONVENIENCE STORE SALES Y/Y:4.1% V 7.5% BEFORE
-(JP) JAPAN NOV ALL INDUSTRY ACTIVITY INDEX Y/Y 1.1% V-0.9%E
-JAPAN (JP) NOVEMBER of last LEADING INDEX: 93.2 v 92.9 PRELIM; FALLING together INDEX: 90.3 v 90.3 PRELIM
-(CO) COLOMBIA NOV INDUSTRIAL PRODUCTION Y/Y 6.5% V 5.2%E; RETAIL SALES Y/Y 1.3% V 5.9%E

* Market snapshot (as 06: 00GMT) *.
-Nikkei225 + 1.5%
-S & P/ASX + 0.6%
-Kospi + 1.8%
-Taiwan closed TAIEX
-Singapur Straits Times index + 1.0%
-Shanghai composite + 1.0%
-Hang Seng + 0.5%
S & P futures unchanged at 1.310
-Feb gold + 0.1%, to $1.655 / oz
-März raw + 0.2% at $100.78

* Overview/top headlines *.
-Asian stock markets traded positively by good news all over the world. In the last trading day before Chinese new year, on the back of stronger U.S. revenue of the major tech and financial names and strong bond auctions by the EU markets found their basis. This second day of positive messages from the United States has some additional confirmation that may be the United States of its economic slump. Bank of America and Morgan Stanley beat estimates of analysts caused the Japanese major banks, Mizuho, Mitsubishi to win UFJ and Nomura over 5%. Currencies dollar strength remained limited in the session with some short little changed to call, then on the way in the European open, the dollar weakened. Some of the strength in China is attributed to reverse repo action this week alleviating cash shortages during the holiday. PBoC allows bonus pay off actions companies to new year, analysts warn that it could a burglary at the celebrations are. Press reported that China Q1 Bank loans CNY2. 26T can surpass.

-Waren more about the small change of HSBC 48.8 v 48.7 in December not charged Flash manufacturing PMI. The contraction of reading indicates that China should continue to policies that stimulate growth. Significantly there was no fresh babbling about the PBoC cut the RRR before the holiday.

* Speakers/geopolitical/in the press *.
-(CN) China State Council proposal means that local Govts could invest 10-20% (estimated at CNY180 360B) after the provincial and big city the assets of pension funds in the local stock exchanges - HK press
-(JP) Japan Econ min Furukawa: raising electricity prices will take off 0.1-0.2% of GDP
-Urban (CN) China 2011 unemployment rate 4.1%; Press unchanged from 2010 and by 5% objective from 2011-2015 - Chinese
-(AU) Australia PM Gillard: Strong AUD pressure on the economy; Looks to move space on monetary policy
-USD/CNY: Hong Kong banks have deposit rates in CNY to the strong demand tripled after Yuan denominated loans - SCMP.
-New Zealand (NZ) statistics: decline in Q4 CPI attributed to greater than normal decline of vegetable; To prevent that RNBZ tightening policy for the rest of the year 2012 - NZ Herald

* Shares *.
Industrial and commercial bank of China, 1398.HK: Investment banking unit can more than 20% of the workforce in the near future - released HK press
-BCI.AU: Q2 reports production 681.1 K tons; Programmes 683,7 K tons

* US shares *.
-GOOG: Q4 reports $9.50 V $10. 49e, R$ 8.13 b V $8. 4bep; -9.0% after hours
-INTC: Q4 reports $0.68 V $0 61e, R$ 13.89 b V $13. 7be; + 0.7% after hours
-AXP: Q4 reports $1.01 V $0 v0.98e, R$ 7.74 b V $7. 9be; -2.1% after hours
-IBM: Q4 reports $4.71 (adj) V $4. 62, R$ 29 full-year revenue V $29. 7be; + 2.7% after hours
-MSFT: Reports Q2 $0,78 V $0 76e, R$ 20 billion V $20. 9be; + 2.4% after hours

* FX/fixed income / commodities *.
-WBC.AU: one to questions $-gedeckte bonds in the near future - the Australian
-China (CN) can put limits on water use sectors, higher volumes using - China daily

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