Asian stocks rallied Asian stocks rallied amid yesterday's strong U.S. data, which boosted yields and stocks. The MSCI ASX added 0.6% and the Nikkei 225 jumped 1.3% following USD-JPY's move to 102.25. Japanese exporters gained and there was also a positive influence from better than expected Japan October retail sales. The ASX was flat despite a much stronger than expected Australia capex, which triggered a short covering rally in AUD from 0.9080 to 0.9140. The Hang Seng rallied 0.9% by the Asia afternoon and the SSEC was 1.3% higher after a 15% increase in China industrial profits in October, which compared with 13.5% in September.