Asian stocks are headed for the best monthly gain since September 2010 after U.S. jobless claims unexpectedly fell and Japan’s inflation accelerated to the fastest pace since 2008. First-time claims for unemployment benefits in the U.S. dropped by 5,000 to 305,000 last week, Labor Department data yesterday showed, compared with the 325,000 median forecast in a Bloomberg survey of economists. The government’s final estimate of U.S. growth showed that the economy expanded at a 2.5 percent annualized rate in the second quarter, unrevised from the previous report. - Bloomberg
Posted on: Fri, 27 Sep 2013 01:49:20 +0000
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