Asia Stocks Rally On EU Debt Plan Hopes; Nikkei Jumps 2.8%

Asian stock markets in the euro area economy to support the political action of the hope that the area behind the patient on Wall Street boosted by strong growth rose Tuesday.

During the last operation in Asia, Hong Kong Hang Seng Index, Japan Nikkei 225 Index rose 2.6% 2.82% 3:55% collected when the Australia index rose ASX/200.

A bank official of high rank said Monday after the market sentiment of the European Central Bank, the economy of the euro area, monetary policy to help facilitate the reduction of interest rates because speculation that the increases can not be ignored.

Monetary policy meeting of the ECB next week with the feeling of more support from the European credit with other measures to inject liquidity, bond purchases is likely to continue discussions with the relevant reports.

Significant gains in the financial sector helped lift the Nikkei, a minimum of 29 months. Rival Sumitomo Mitsui Financial Group and Mizuho Financial Group rose 1.8%, respectively, 3.4% and Mitsubishi UFJ Financial Group, Japan's largest lender, rose 4.3%.

High exposures to shares of Japanese exporters to Europe have also contributed to profit. Automakers Nissan and Honda, respectively, while an additional 4.5% and 3.4% Consumer electronics giant Sony, 3.65% of the shares, rose 4.3% in digital manufacturer Canon cameras has increased.

Elsewhere, Hong Kong, shares of commodity producers, such as the New York Mercantile Exchange, oil prices and gains in metals was discussed.

Oil and gas giant CNOOC was 7.65% protests, the Chinese stock Aluminum Co., mining, Zijin Mining China's largest gold advanced 4.5%, while Jiangxi Copper shares jumped 7.5%, increased by 12.3%.

Part of the financial sector rebound from recent losses, a strong performance. Bank of China's largest lender Industrial and Commercial from China to 7.1% from the insurer Ping jumped to an 8.1 during the Construction Bank of China rose 4.5 % as rivals, rose%.

In addition, Esprit Holdings, the largest market in Europe grew by 5.7% in Hong Kong retailer, is to contribute to the action.

Meanwhile, the outlook for the stock of European markets up sharply. EURO STOXX 50-term gain, while Germany's DAX was up 3.1% points to a gain of signs, the French CAC 40 rose 2.9% in terms, the FTSE 100-term , high solids 3.4% to 2.75%.

Later in the day, U.S. housing prices and consumer confidence was the publication of a report on industry data.