Topix drives Asian stocks higher after Yellen; gold falls
Bareksa • 12 Feb 2014
Stock quotation board displaying Nikkei(REUTERS/Toru H)
Japan reported that machinery orders fell 15.7 percent in December
Bloomberg - Japanese shares climbed, propelling a gauge of Asian stocks higher for a sixth day, and the Australian dollar weakened against most major peers. Gold retreated, halting a five-day gain, and South Korea’s won strengthened.
The MSCI Asia Pacific Index added 0.6 percent as of 9:15 a.m. in Tokyo, where the Topix Index rose 1.2 percent after being closed yesterday for a holiday. Standard & Poor’s 500 Index futures were little changed after the gauge capped its biggest four-day gain in more than a year.