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Asian stock markets rose in early trading successfully Monday (6/14/2010). Strengthening the positive impact of related reports showed consumer confidence in the United States (U.S.) grew to its highest level since early 2008. As quoted from the Associated Press on Monday (6/14/2010), Japan’s Nikkei index gained 151.51 points, or 1.6 percent to a level of 9856.76 in morning session. Investors are also chasing profits for Japanese exporters to the value of the yen eased.

Meanwhile, South Korea’s Kospi index gained 1.1 percent to 1693.28. Australian stock market was closed Monday for public holidays. Hong Kong’s Hang Seng Index rose to 0.8 percent to 20,024.13. Shanghai stock market closed Monday, while shares in Taiwan rose 0.8 percent in early trade.

A number of investors taking advantage of a private report Friday showing U.S. consumer confidence in June that has soaring to its highest level since January 2008. This is encouraging news on consumer spending alone accounts for 70 percent of the American economy.

According to Reuters who reported the University of Michigan consumer sentiment index indicate if reported on Friday that U.S. consumer confidence rose to 75.5, well before the estimate. In New York on Friday, the Dow industrial average rose 38.54 points, or Jones’ 0.4 percent, to 10211.07.

In currencies, the dollar rose to 91.85 yen in Tokyo on Monday from 91.77 yen in New York Friday night. The euro rose to USD1.2175 from USD1.2125. Benchmark crude oil for July delivery fell $ 1, 70 to USD73, 78 per barrel Friday on the New York Mercantile Exchange