Asian-Pacific stock indexes are rallying today. The Federal Reserve’s decision to start another round of quantitative easing (QE3) favors the markets.
MSCI Asia Pacific gained 2,3%, thereby reaching 123,85
Nikkei 225 boosted by 1,8%
Hang Seng and Kospi gained 2,7% each
S&P/ASX 200 strengthened by 1,3%
The stock Zhaojin Mining Industry Co. (a major gold-mining company) appreciated in value by 12% on higher gold prices ($1770/oz).
The chart below, courtesy of , reflects the current state of affairs in the market of Nikkei 225:
