What is bad for the yen - for the Topix just a holiday of some sort!
Here is the fourth
Asian session in a row ends
fall in the MSCI. Consolidated
Region index fell
0.3% and is moving to three-week
minimum.
"Market
Follow the latest developments in the United States, Wall Street,
- said the agency Bloomberg on
phone Daphne Roth, Head
Asian division of ABN Amro
Private. - We see a time
consolidation after the recent rally.
Global economic growth still
It continues, and the market is still oversupplied
shares. "
Index
NZX 50 lost 0.1%; Taiwanese
Taiex and Australian S P / ASX
200 rose 0.2%; Shanghai
Composite and Singapore's STI
was added each of 0.1%, and
Korean and Hong Kong markets are closed
on holiday. Australian gold mines
Newcrest Mining Ltd., slid
down by as much as 1.9% (after price
bullion closed yesterday on a three-month
minimum).
And here
Japan's separate cancan. The yen touched
the lowest level since 2008, and, therefore,
export companies turned in
full height. TOPIX index rose
0.2%. Experts of the Japanese economy
say Bole weak yen will
constantly promote income
Exporters. So, Honda Motor Co., which
It receives 84% of its revenue from exports,
added 1.1% on the background of the fact that the yen
It fell almost six years
minimum. And with the rise in interest rates
Fed weaker yen will continue.
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