Asian stocks won Gain on earnings, economic data; Increases in copper

April 20, 2011, 5: 37 pm EDT by Stephen Kirkland

April 20 (Bloomberg)--Stocks increased the most in a month and U.S. future index gained as Intel Corp. sales forecast and the results of company in Europe and Asia Beats estimates. Advanced products, while the yen and the Treasury bills fell.

The MSCI World Index jumped 1 percent at 10: 15 am, in London, the largest increase on the basis of closure since March 21, and emerging markets shares rallying more than five months. Standard & Poor 500 Index future rose by 0.8%. The yen depreciated against all 16 of his peers traded for the most part, while the yield on the note of 10-year US Treasury rose two basis points, and the remote Irish binding. Raw sugar and oil led products most high while gold transferred over $1,500 an ounce for a second day.Intel said yesterday income can top the estimates of analysts in the second quarter. L'Oreal SA, great cosmetics-manufacturer most, reported sales jumped 9.3 per cent today, and LG Chem Ltd. of South Korea has posted a jump of 27 percent in favour. Earnings per share exceeded the forecast for 81% of 42 companies in the S & P 500 that have reported results since April 11, help restore investor confidence after the S & P cut its rating for debt U.S. perspectives on 18 April. Apple Inc. and AT & T Inc. are among more than 30 companies due to report results today. "" You are seeing signs in Europe and the United States are always on the road to recovery, "said Hiroichi Nishi, a manager of shares in Tokyo to SMBC Nikko Securities Inc."Which helped ease the nerves."UN'ALTRA PeugeotThe Stoxx Europe 600 index advanced 1% for the first gains back to back in two weeks. STMicroelectronics NV, largest chip manufacturer in Europe, grew by 6 percent and ASML Holding NV, the largest manufacturer of semiconductor-equipment, jumped by 5.9%. L'Oreal SA increased by 3%. PSA Peugeot Citro?n acquired 4.2% as the second largest constructor of Europe posted an increase of 10% of revenue in the first quarter.The S & P GSCI 24 products index climbed 1 percent. Raw sugar has increased by 1.8% and crude oil jumped 1.1% 109.46 to $ US per barrel in New York. Gold for immediate delivery soared up to 0.5% to a record $ 1,503.48 an ounce.Wheat increased by 1.1%, the fourth gain, set for the longest advance since January, on speculation dry weather in Europe and in the United States will restrict cultures. Advanced rice of 2.8%.The yen weakened 0.3 per cent against the dollar and fell 1.1% against the euro. The Dollar Index, which follows the motto of the United States against those of six commercial partners, fell to 0.5%, extending the decline of 0.6 per cent yesterday. The euro strengthened 0.8 per cent to $1.4444 and appreciated by 0.7% compared to the pound after the minutes of the Bank of England showed policymakers voted 6-3, to keep interest rates on hold them this monthas the majority said that data on the economy in the previous month were "probably the downside."KRONA, BahtThe crowns Swedish advanced 0.3% against the euro after the Central Bank raised its rate of reference for the sixth time since July and keep a forecast for the next unchanged increases. Thai baht strengthened 0.3 per cent against the dollar after the Bank of Thailand triggered the redemption rate of the duties of a day for the third time this year.

-With the help of Claudia Carpenter, Andrew Rummer and Dan Cuddies to London. Editors: Stephen Kirkland, Justin Carrigan

To contact the reporter on this story: Stephen Kirkland in London at skirkland@bloomberg.net.

To contact the editor responsible for this story: Paul Sillitoe at psillitoe@bloomberg.net.

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