morgan silver dollars – Asia shares hit 14-month peak, dollar slumps – Yahoo! News
Asia shares hit 14-month peak, dollar slumps - Yahoo! News
HONG KONG (Reuters) –
Asian shares rose to 14-month highs on Thursday as upbeat retail sales and surprisingly bullish earnings reports in the United States buoyed risk appetite, pushing the U.S. dollar to a 14-month low.
Shares in Japan jumped more than 2 percent as investors bought exporters who might benefit from rising U.S. demand and stocks in the rest of Asia firmed to their highest levels since last August.
Positive sales and earnings data from the United States -- including from Intel Corp (INTC.O) and JP Morgan Chase & Co (JPM.N) -- pushed the Dow Jones (.DJIA) up 1.5 percent on Wednesday and above 10,000 points for the first time in a year.
U.S. government data showed that retail sales, excluding autos, rose for a second straight month in September.
Growing confidence that the United States can fuel a global economic recovery encouraged investors to buy riskier assets, such as higher-yielding currencies, including the Australian and New Zealand dollars, which were additionally boosted by rising expectations for interest rate hikes.
Authorities in Taiwan, Korea and the Philippines were spotted buying U.S. dollars to curb strength in their currencies. Several Asia countries have intervened in recent weeks to cap their currencies and keep them competitive in export markets.
The Aussie dollar hit a 14-month high at $0.9183 to the U.S. dollar after the Reserve Bank of Australia pointed to more rate rises. Last week, it became the first central bank in the Group of 20 to tighten policy as the global financial crisis eases.
"We have said that, over time, interest rates will need to be adjusted toward a more normal setting as the economy recovers," Governor Glenn Stevens said in a speech. "A step in that direction was taken last week."
In New Zealand, data showing stronger-than-expected inflation raised the likelihood of a rise in interest rates in coming months and sent the Kiwi to a 15-month high of $0.7485.
The flow of cash into riskier assets has knocked the U.S. dollar, a trend that pushed the currency to a 14-month low of 75.284 against a basket of currencies (.DXY) and against the euro at $1.4958.
Expectations of healthy global growth prodded NYMEX crude futures to a one-year high near $76 a barrel after U.S. industry data showed a surprise drop in inventories.
Gold held above $1,060 an ounce, just below Wednesday's record high above $1,070.
JAPAN EXPORTERS GAIN
Tokyo's Nikkei average (.N225) rose 2.1 percent to 10,272.62, helped by auto maker Honda Motor Co (7267.T), which gained 2.5 percent.
The MSCI index of Asia Pacific stocks traded outside Japan (.MIAPJ0000PUS) rose 1.4 percent to 414.96, its highest level since August last year. The Thomson Reuters index of regional shares (.TRXFLDAXPU) was up 0.8 percent.
Shares in Hong Kong (.HSI) rose 1.6 percent and those in Shanghai (.SSEC) increased 0.8 percent.
Bullish U.S. earnings reports boosted technology shares in Taiwan, lifting Taiwan's benchmark stock index (.TWII) by nearly 1 percent.
Shares in Acer Inc (2353.TW), which surpassed Dell Inc (DELL.O) in the third quarter to become the world's No. 2 PC maker behind Hewlett-Packard (HPQ.N), rose 1 percent.
(Additional reporting by Gyles Beckford in WELLINGTON and Anirban Nag in SYDNEY; Editing by Neil Fullick)
Silver Dollar Values Fall And Increase In Value Without Warning
While many coins are desired by coin collectors there is a group of people who concentrate on collecting silver dollars. As these silver dollars are not that plentiful the choices that are made should be ones where the coin is known to increase in value with the passage of time. Unlike other coins silver dollar values can be found on the internet as well as from coin dealers.
Since there are not many of these silver dollars to be found you may want to research the ones that are known to give good value for money. You can choose the ones like the Morgan silver dollars or the Peace silver dollar as being silver dollars that you should think about adding to your collection. The silver dollar values for these are currently known and documented on the internet.
For example the Morgan silver dollar values are shown to increase for all of the versions. These types of silver dollars are considered by coin collectors to be investments for the future. Therefore the wise coin collector will look to see the silver dollar values for each of these to see which ones they want to buy.
As was stated earlier the other silver dollar that many coin collectors are interested in is that of the Peace silver dollar. This silver dollar came into production after 1918. This time was right after the World War I ended. As not many of these Peace silver dollars were minted they are considered as being rare. Therefore you can expect the silver dollar values for these coins to be expensive.
Out of the Peace silver dollars the ones that were minted at the Philadelphia mint are considered to be even more valuable than the other Peace dollars. The Peace silver dollar values for the 1928 coin are significantly higher in price. To gain a clear idea of the various values that are given for silver dollars you should look for information that deals with this issue. The information will help you when you take your silver coins to be appraised at coin dealers.
These silver dollar values can rise and fall without much warning, therefore if you are thinking of selling your silver dollars you should first choose a period of time when the values are known to be steadily climbing. With the few silver dollars out in the market you will need to choose the ones that will give you a good investment if you are looking to have yo
1000
ur coin collection increase in value.
By: Muna wa Wanjiru
Article Directory: http://www.articledashboard.com
Muna wa Wanjiru is a web administrator and has been researching and reporting on internet marketing for years. For more information on silver dollar values, visit his site at silver dollar
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