The Nikkei recovered 16,000 intra-week last week, but fell back towards the 15,500 level by Friday in an event-heavy week. It seems unlikely the N225 will re-test 16,000 this week as trading slows ahead of the Christmas holiday in the U.S.

[Read more →]

Japan market summary for Friday (Dec. 14)
Nikkei 225 Stock Average: -22.01 (-0.1%) to 15,514.51; third-straight loss
Nikkei 225 futures Osaka: +30 (+0.2%) to 15,570, Singapore (SGX) -20 (-0.1%) to 15,545, Chicago (CME) *12/13 -340 (-2.1%) to 15,580
TOPIX: -14.85 (-1.0%) to 1,501.25; Advancers 544 x decliners 1,086 (unch. 97), New highs 12 x new […]

[Read more →]