Asian stock exchanges rose on Thursday morning on expectation the European Central Bank will announce an expansion of its asset buying programme.It announces its decision at 2.45pm.Milan’s FTSE MIB index rebounded 2.1% on Thursday on expectation the central bank will come to the aid of troubled Italian banks. Frankfurt’s DAX 30 index gained 1.96%, London’s FTSE 100 gained 1.81% and Paris’s CAC 40 gained 1.36% ahead of the central bank announcement.Japanese stocks took their cue from Europe, ignoring disappointing gross domestic product data that showed the country’s economy grew 0.3% in the third quarter — half the 0.6% expected by economists.Tokyo’s Topix and Nikkei 225 indices were both about 1% higher ahead of the JSE’s opening on Thursday morning.Statistics SA is scheduled to release October’s mining production figures at 11.30am and manufacturing production at 1pm.Mining production growth is expected to have declined from September’s 3.4%, coming in at about 2.6%, according t...
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