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Asian markets mixed, while Japan keeps on adding gains

By FXstreet.com,  January 15, 2013, 02:30:00 AM EDT

FXstreet.com (Barcelona) - A weakening Japanese Yen is the main reason for the constant upward movement seen on the Nikkei Stock Average, by +0.72% today. As the BoJ monetary policy decision comes ahead next week, market participants want to price in expectations of a very agressive stance, to please Prime Minister Shinzo Abe.

The was no particular direction in today's Asian equity trading. China's Shanghai Composite and India's Bombay Sensitive gained +0.60%, while Hong Kong's Hang Seng (-0.22%) and South Korea's Kospi (-1.16%) moved down.
Futures for the German DAX 30 (-0.20%) and the French CAC 40 (-0.13%) are signaling a lower opening ahead of the Germany GDP and real GDP growth, due at 08:00 GMT. The German HICP came in lower than expected, rising from 1.9% to 2.0%, instead of 2.1% in December. WTI crude oil is down to $93.74 (-0.40%) and Gold moves at $1676 (+0.50%).




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



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