Regional stockmarkets higher, Nikkei eyes 10,000

Asin stockmarkets are trading higher today with oil and metal stocks leading the wayafter a surge in commodity prices. The Nikkei is +1.7% as it eyes the major level at 10,000, not seen since Oct 2008. So far the high today on the Nikkei is 9958. The ASX200 +2.0, Kospi +2.4% and Taiwan is up 0.9% on rising technology stocks. Nymex crude futures are up 1% after an impressive 2.6% gain over night. In Sydney Oil stocks such as STO and WPL are both higher, up 3.9% and 1.5% respectively. BHP is up 3.3% and RIO is trading higher +2.5%.

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