Asian stocks continue to rally 6 weeks on

The longest stretch in over two years, Asian stocks continue to gain, providing increasing confidence in the region. While China’s Wen Jiabao announced a significant drop in growth to 6.1 percent this year, officials like Zheng Xinli say this may be the bottom. And it may be, as stocks rally for a sixth week. Regional investors echo this claim, and the MSCI Asia Pacific Index rose 2%, the longest run of gain since 2006, according to Bloomberg. Asian markets have shown growth in corporate markets, leading some to believe it will help boost tech and finance sectors. The good news isn’t just coming from regional analysts either. A JPMorgan Chase & Co report shows emerging markets will jump another 39 % this year. The MSCI Index for emerging markets is also up 36% since March.

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