Knowledge to Action News
from The leading Stock Market and Forex training company
Friday March 02, 2012 - www.knowledgetoactionnews.com - Established 2004
Asian shares make small gains
The Nikkei 225 added 0.5 per cent, although it pared some earlier gains on profit-taking, Reuters reports.
Asian shares were up this morning (March 2nd) after the European Central Bank's (ECB) cash injection earlier this week.This was an improvement on yesterday's performance, when it closed down 0.2 per cent after reaching 9,865.75 points.
Similarly, MSCI's broadest index of Asia Pacific shares outside Japan climbed 0.4 per cent, although it was unable to match a seven-month high hit on Wednesday.
The ECB injected €530 billion (£448 billion) into the European banking system on Wednesday, with 800 financial institutions receiving funding.
Tetsuro Ii, the president of Commons Asset Management in Tokyo, said: "Central banks around the world keeping the global financial system awash with funds is prompting investors to keep the recent risk-on momentum."
The ECB's money has so far caused the bond yields of some of the eurozone's most financially troubled countries, such as Italy, to dip, the news provider stated.
Posted by Greg Secker
- Knowledge to Action News02-03-2012
Every week Knowledge to Action introduces people to the principles of successful trading. Take advantage of one of our FREE Seminars
Discover how trading professionals make their profits and learn how you could too in a FREE 2½ hour seminar.
Knowledge to Action, founded by Greg Secker, is the home of the award-winning Traders University® programme and Europe's number one trader coaching company
In 2003, industry expert Greg Secker founded the internationally renowned trader coaching company Knowledge to Action. A strong believer in the motto, "If you are going to do something, do it well", Greg's goal has always been to run the #1 trader coaching company worldwide.
With our passion for trader education, Knowledge to Action has quickly become UK's number one Trader Coaching Company.
