Dec. 12 (Bloomberg) -- Global stocks rose for a sixth day, the longest rally since August, and the yen and dollar fell after Japan’s machinery orders rose increased while investors speculated the Federal Reserve will announce more stimulus. Oil rose as OPEC maintained its production target. The MSCI All-Country World Index added 0.3 percent and the Standard & Poor’s 500 Index rose 0.2 percent at 10:30 a.m. in New York. Japan’s currency slid against all 16 major peers, while the dollar weakened versus 11 of 16 counterparts. South Korea’s won traded near its strongest level in 15 months even after North Korea launched a rocket. Energy and industrial metals led the S&P GSCI Index of commodities higher. The Fed may announce $45 billion in monthly Treasury buying today, a survey of economists showed. As budget negotiations continue in Washington, a Bloomberg National Poll shows President Barack Obama won the public argument over taxes and his plan to protect Social Security and Medicare benefits. The rise in Japanese machinery orders signals that companies expect the world’s third-largest economy to return to growth in 2013. “We really have a couple situations where there is a lot of agreement that’s being reflected in the positive reaction in the market,� Greg Woodard, a strategist at Manning & Napier in Fairport, New York, which manages about $40 billion, said in a phone interview. “The market is anticipating more quantitative easing by the Fed and also the market is anticipating some type of agreement in Washington.� Market Movers Among U.S. stocks, DuPont Co. advanced 1.9 percent as the chemical maker announced a share buyback and said 2012 earnings will be at the high end of forecasts. Berkshire Hathaway Inc. climbed 2.4 percent after lifting the threshold it will pay for stock, signaling that Chief Executive Officer Warren Buffett views the shares as undervalued. Eli Lilly & Co. sank 3.2 percent after saying it’s conducting an added study for an experimental Alzheimer’s drug. Fed officials are considering whether to supplement $40 billion a month of mortgage-bond buying with purchases of Treasuries when their Operation Twist program expires at the end of the month. If expanded as expected, the new program will push the central bank’s balance sheet to almost $4 trillion. U.S. stocks rallied yesterday, with the Dow Jones Industrial Average erasing its decline since Election Day, as traders awaited progress on federal budget negotiations. The S&P 500 failed to close above its Nov. 6 level yesterday after rising above during the session. President Barack Obama is seeking a budget deal with Republican lawmakers to avert the so-called fiscal cliff, which would result in more than $600 billion of automatic tax increases and spending cuts next year. Obama reduced his demand for tax increases to $1.4 trillion from $1.6 trillion as he and House Speaker John Boehner traded another round of offers. ‘Serious Differences’ Boehner told reporters today that Obama’s plan cannot pass the House or Senate and “we’ve got some serious differences� on the fiscal cliff. The yen weakened 1 percent to 108.41 per euro. The 17- nation shared currency strengthened 0.3 percent $1.3041. Australia’s dollar climbed 0.1 percent to $1.0543, the highest level since Sept. 17. South Korea’s currency was 0.1 percent stronger at 1,074.93 per dollar in Seoul. It touched 1,073.64, the strongest level since September 2011, before temporarily reversing gains after North Korea confirmed it launched a rocket that put a satellite into orbit, showcasing the totalitarian regime’s progress in ballistic missile technology. The launch came a week before the South’s presidential election. Greek bonds fluctuated, with the 10-year yield down three basis points to 13.18 percent. Greece drew enough offers for its buyback of securities to meet a goal that’s crucial to unlocking aid from the International Monetary Fund and European Union.

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