Asian shares are off to a flier here this morning, chered on by a an upbeat session in the US. The Nikkei, which was shut for a holiday on Wednesday is playing catch up, up 4%, as banking stocks and automakers surged after a better than expected Industrial Output number. Honda up 6%, Toyota up 4.5%, Canon up 5%, Mitsubishi UFJ up 4.6% just to name a few.
Korean Shares were also higher with KB Financial up 5% and Hyundai up 2.3%. The Kopsi is up 2.3%.
In Sydney, Mining heavyweights BHP and RIO were both up around 3%, the banks were all performing, NAB the best of the bunch, up 2.7%. The ASX200 off to a great start, up 2%.