That's quite good for 2005, after the central administration implemented measures to cool down the economy.

With the economy growing below potential, labor market indicators probably continued to ease. The survey should be relatively friendly for those expecting easier monetary policy later in the year.

I think sentiment is turning a bit cautious after seeing the market rallying three days in a row, so there's profit-taking at about 16,800.

I think the market's come to realize that economic growth in the U.S. is not threatened by higher oil and commodity prices. Regional markets also benefited from positive fund flows.

The strong sentiment of the US and Japan markets helped push up the index. The rally is very broad based.

If the job data is stronger than expected, people will expect a longer rising trend in interest rate.