Adam Haigh, Bloomberg Asian stocks built on the strong start to this year and headed for a fresh record high usmarkets bitcoin optimism in global growth.
The yen advanced as traders continued to pile out of bets usmarkets bitcoin the Japanese currency. Softbank Group was leading the Nikkei Stock Average, benefiting from speculation of a listing for its mobile unit.
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Both the yen and euro have been lifted by bets the Japanese and European central banks this year will scale back their monetary stimulus. Yields Dip: Markets Wrap Improvements in the global economy are buoying sentiment in the early part of and equities are building on the stellar gains seen last year. An acceleration in U. Growth data from China this week will be closely watched, along with talks to form a coalition government in Germany, following signs of progress last week.
Money managers will assess progress in corporate America this week with further earnings releases, while results are due across the world from firms in a range of sectors. Industrial production in the U. Equity gauges in India, Singapore and Taiwan also rose, while the Shanghai Composite was little changed.
The underlying index rose 0. The euro rose 0.
The yen was up 0. Bonds The yield on year Treasuries was 2.
Trading is shut Monday for the U. Commodities Gold futures were up 0. West Texas Intermediate crude rose 0.