TOKYO, Dec 26 (Reuters) – Japanese government debt fell on
Wednesday, with the 10-year yield hitting a two-month high, on
expectations that incoming Prime Minister Shinzo Abe would
increase pressure on the central bank to ease policy further.
The 10-year yield added 2 basis points to
0.785 percent to its highest level since Nov. 1, while JGB
10-year futures fell 26 ticks to 143.66 in active trade
after trading as low as 143.58, their lowest level since Sept.
TOKYO, Dec 19 (Reuters) – Hopes that Japan’s central bank
would obey incoming prime minister Shinzo Abe’s call to print
more money and weaken the yen sparked a sharp rally on Wednesday
among auto stocks, lifting Tokyo’s market to its biggest gain in
over a year.
Honda Motor led the gains, rising 6 percent, while
Nissan Motor climbed 5.5 percent and Toyota Motor
rose 3.5 percent. The three stocks helped push the
benchmark Nikkei Stock Average up 2.4 percent to above
10,000 for the first time in almost nine months.
TOKYO (Reuters) – Japan’s Nikkei share average jumped 2.4 percent to end above 10,000 for the first time in more than eight months on Wednesday, on growing expectations of easier monetary policy under a new government.
Signs of progress in negotiations in the United States to avoid spending cuts and tax increases in the so-called “fiscal cliff” also lifted sentiment.
TOKYO (Reuters) – Japan’s Nikkei average inched down on Friday as investors were cautious ahead of this Sunday’s general election, with strong expectations that the main opposition party, which favors aggressive easing, is set for victory.
The Nikkei .N225 ended 0.1 percent lower at 9,737.56, but was still near its eight-month closing high hit on Thursday.
TOKYO (Reuters) – Japan’s Nikkei average climbed above 9,700 on Thursday for the first time since early April, as exporters were buoyed by a weaker yen on mounting expectations the Bank of Japan will implement more aggressive monetary easing.
The Nikkei .N225 rose 1.6 percent to 9,733.73 by the midday break, after trading as high as 9,741.24.
TOKYO (Reuters) – Japan’s Nikkei average climbed to its highest closing level in nearly eight months on Wednesday, led by exporters as persistent speculation that a likely new government would pressure the central bank to take bolder policy weighed on the yen.
The Nikkei .N225 advanced 0.6 percent to 9,581.46, taking the index back to ‘overbought’ territory, with the 14-day relative strength index at 70.9. Seventy or above is considered overbought and often indicates a possible near-term pull back.
TOKYO (Reuters) – Japan’s Nikkei share average dipped on Tuesday, although it held above the key 9,500-mark, as investors stayed cautious over signs that the index is overbought after a near 10 percent rally over the past month.
The Nikkei .N225 ended 0.1 percent lower at 9,525.32, but supported by its five-day moving average at 9,520.09.
TOKYO (Reuters) – Japan’s Nikkei share average edged higher on Monday as gains in index heavyweights Fast Retailing Co Ltd (9983.T: Quote, Profile, Research) and Advantest Corp (6857.T: Quote, Profile, Research) erased losses caused by investors booking profits in export-focused firms after weaker-than-expected Chinese trade data.
The Nikkei ended 0.1 percent higher at 9,533.75, after trading as high as 9,584.46, its best level since late April.
TOKYO (Reuters) – Japan’s Nikkei share average climbed to a seven-month high on Monday, buoyed by a jump in Chinese November factory output and a better-than-expected U.S. jobs report.
The Nikkei .N225 gained 0.3 percent to 9,556.28 after trading as high as 9,584.46, its best level in seven months.
TOKYO (Reuters) – Japan’s Nikkei share average rose to a seven-month high for the second day in a row on Friday, ahead of U.S. jobs data, as persistent speculation of further monetary easing by the central bank under a likely new government supported the market.
The Nikkei .N225 gained 0.2 percent to 9,564.33, heading further into “overbought” territory, with its 14-day relative strength index at 71.2. A level of 70 or above is deemed overbought, which often signals a possible pullback in the near term.