* Earnings Nikkei, aided by the weakness of the yen
* Copper bounces, high in folder
* Markets cheer American data optimistic, but cautious before payroll (updates prices)
By Ian Chua
(SYDNEY, 6 Jan Reuters) - Japanese Stocks is joined on Thursday as investors pull shares of large exporters after the dollar hit two weeks highs against the yen, but elsewhere in Asia, markets have been more strained prior to influential U.S. non-farm payrolls report.
Copper climbed 1% to a maximum of $9,654.25 per tonne, which brings record $9,754 struck Tuesday in sight, after that a report from ADP Wednesday showed a record 297,000 us private sector jobs were created in December.
It is the clearest signal in months that a resumption of the largest global economy was moving up to speed and prompted analysts to raise their forecast for data closely monitored non-farm payrolls due Friday.
Estimates centre now on an increase of 175 000 jobs, more than 140,000 in an earlier investigation of Reuters.
Some analysts were sceptical about the size of the jump in the ADP employment report, it follows a string of recent optimistic U.S. data showing that the economy is picking up steam.
"Markets are now wait for compensation of U.S. Friday for confirmation of the strong trend," said Hiroaki Osakabe, Manager of Fund Chibagin Asset Management in Tokyo. "But investors then will focus on U.S. effects data rate of the dollar/yen."
Index Nikkei 225 of the Japan increased by 1.4% and closed above 10,500 important psychological barrier. It ended its best level since May 2010.
Major exporters, including Canon Inc. and Toyota Motors rose more than 1%.
Index of the MSCI stock of Asia-Pacific outside Japan edged up 0.1%, having drifted in negative territory.
Earlier this week, technical indicators showed that it was close to being overbought after a strong late 2010 rally, making wary investors that markets were due for a withdrawal.
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