{"id":41295,"date":"2013-08-23T08:23:10","date_gmt":"2013-08-23T12:23:10","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=41295"},"modified":"2013-08-23T08:23:10","modified_gmt":"2013-08-23T12:23:10","slug":"stocks-in-japan-climbs-on-weaker-yen","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/23\/stocks-in-japan-climbs-on-weaker-yen\/","title":{"rendered":"Stocks in Japan Climbs On Weaker Yen"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Equities in Asia ,majorly stocks in Japan \u00a0were pushed by the series of better-than-expected macroeconomic data released from all over the globe along with the weaken yen at its lowest level against the greenback. While China had a strong rebound on Friday despite of the upbeat data released.<\/p>\n

Over 1% in crude futures advanced overnight, which helped the region\u2019s energy producers. As reports from Europe and the US showed a better-than-expected data, the eurozone improved in their output more than analysts predicted and the jobless claims in the US dropped. The US jobless claims in the month ended August 17 dropped to 330,500 a week, the US Labour Department figures showed.<\/span><\/p>\n

While in Europe, the eurozone\u2019s manufacturing gauge showed an expansion or a second month in August, advancing from 50.3 to 51.3; the Markit Economics reported. Equities increased their gains after a member of the European Central Bank (ECB) Ewald Nowotny, said the good news from the eurozone economy has cleared the need to cut the central bank\u2019s interest rates.<\/p>\n

Equities were expected to be seen at its lowest over the fear of the US central bank tapering its stimulus bond-buying program, the concerns from investors led to a massive sell-off in the region due to\u00a0 the emerging markets as the US treasury yields rose as high as 2.93% on Thursday.<\/p>\n

Stocks in Japan \u2013 Weaken Yen <\/span><\/h2>\n

The Japanese benchmark index Nikkei 225 gained 2.2% at 13,660.55; while the Tokyo\u2019s broader Topix index advanced 2% to 1,141.63. Japan\u2019s exporters were assisted by the weaker yen against the US dollar above the \u00a599 threshold.<\/p>\n

Global corporate group Citizen Holdings advanced 3.4%, while motor producing company Yamaha Motors gained 4.9%. The globe largest carmakers Toyota Motor gained 2.8%, while Kawasaki climbed .9%.<\/p>\n

The sixth largest Japanese automaker gained 3.4% and the retail sales company Isetan Mitsukoshi Holdings soared 6.1%.<\/p>\n

The Hong Kong\u2019s Hang Seng declined 0.20% at 21.851, while the Chinese mainland Shanghai Composite edged down 0.48% and closed at 2,057.23.<\/p>\n

\u00a0<\/strong><\/p>\n

Interested in trading shares in Asian Markets? \u00a0Visit<\/i><\/strong>\u00a0www.hymarkets.com<\/a><\/strong>\u00a0today and start trading from $50!\u00a0<\/strong><\/i><\/b><\/p>\n

The post Stocks in Japan Climbs On Weaker Yen<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Equities in Asia ,majorly stocks in Japan \u00a0were pushed by the series of better-than-expected macroeconomic data released from all over the globe along with the weaken yen at its lowest level against the greenback. While China had a strong rebound on Friday despite of the upbeat data released. Over 1% … <\/p>\n

Continue reading “Stocks in Japan Climbs On Weaker Yen”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-41295","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=41295"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41295\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=41295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=41295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=41295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}