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Tokyo investors eye Fed, BOJ meetings next week after Nikkei surges

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the negative impact of slumping oil price

the risks of slumping oil prices and a stronger yen

worries about weak inflation

The dollar rose to 118.00 yen..., giving a lift to Japan’s exporters.

A cheaper yen boosts their overseas profitability, supporting share buying in those firms.

This might be the most egregiously one-sided "news" article yet, shot through from beginning to end with pro-BOJ, pro-Abe bias.

The elites really do expect us to support and cheer on our own impoverishment.

Is the chocolate ration going up to 20 grams next week? Have we always been at war with Eastasia?

-1 ( +1 / -2 )

“The Fed and BOJ meetings will probably be positive ingredients for sentiment,”

So for each to contribute positive ingredients, that would mean:

Fed- "let's do what we can to strengthen the dollar"

BOJ- "let's do what we can to devalue the yen"

Seriously, In the US (as with anywhere else on earth) a strong economy makes the currency stronger, and vice versa.

In Japan, a strong economy makes the yen weaker, and a strong yen makes the economy weaker. Abe-nomics is certainly unique!!

1 ( +2 / -1 )

The Nikkei jumped 5.88%, or 941.27 points, to 16,958.53. On the week, it lost 1.10%.

yes, but this year alone Nikkei has lost 9.12%

-1 ( +0 / -1 )

Fundamentals be damned, the air is coming out of the bubble which was blown up, and requires more monetary stimulus to prevent it from popping. We are in a world wide recession, and central bankers can only print more money to make believe we're not. In other words, don't pay any attention to the real metrics of worldwide GDP growth, like the Baltic Dry Index, ( a measure of raw materials) shipped worldwide, at decade lows, or the price of oil, which is a measure of growth, jut pay attention to the stock market. Problem is, you're not really any wealthier when the market is up 30% but your currency is also down 30%.

-2 ( +0 / -2 )

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