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The Australian dollar jumped on the upbeat data.
Equities rallied in early trading on upbeat data for jobs and manufacturing.
Recent upbeat data from China, with better than expected factory output, bank loan and retail sales figures, has helped lift metal prices including copper.
In August, the Bank of England expected the economy to almost stall but it has had second thoughts in the light of more upbeat data.
TOKYO — Investors raced back into the Japanese stock market Monday after upbeat data helped dispel some recent doubts cast on the government's aggressive pro-growth policies.
Much of the market's strength came from consumer discretionary stocks, with traders enthusiastic about shares of home builders after upbeat data on the housing market.
Similar(41)
[A1.] Nasdaq Surges 3% in Broad Rally Stocks surged on upbeat economic data.
Disappointing income figures did, however, cast a pall on the upbeat spending data.
The downbeat news on housing and consumer confidence, combined with the upbeat inflation data, would normally be positive for bonds.
Nine months on, however, amid upbeat economic data, punters still hope the band will strike up again.
London didn't escape, with the FTSE 100 dropping 62 points or 0.95% -- the upbeat construction data may have spared the City from the worst of the gloom.
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