* Nikkei 225 Stock Average: +123.18 (+0.7%) to 17,680.05
* Nikkei 225 futures Osaka: +130 (+0.7%) to 17,690
* TOPIX 1st Section: +20.87 (+1.2%) to 1,731.54; Advancers 1,239 x decliners 386 (106 unchanged)
* JASDAQ: +1.40 (+1.8%) to 79.36
Sony (JP: 6758) (SNE) at five-year high; bank stocks rally ahead of mega banks’ Mitsubishi UFJ and Mizuho FG earnings.

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The following excerpt is from a daily WSJ alert:
OUTWARD FLOWS: As U.S. investors chase profits overseas, there may be an unintended consequence: pressure on the American dollar. Attracted by strong stock-market performance away from home, individuals and institutions in the U.S. are pouring cash into foreign stocks and bonds. In recent months, as Joanna Slater […]

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