Bulls drove the Japanese stock market in recent commitments for a five-year high yen 100 yen / dollar on Monday symbol door clawed, the Group 20 rally in Washington, but agreed with Japan's currency reflation policy, bold Bank encourages.
Asian stock markets edged higher crude oil and gold rebounded after last week's sharp sell-off last week, but the fluctuations of uncertainty to the prospects for global economic growth, investors are still cautious.
After a two-day meeting on Friday in a communique, the G20 just said it would be "remembered" from a long period of monetary policy stimulus may produce side effects, do not pick out some Japanese fear.
Japan central bank governors and finance ministers on Monday reiterated that accept the G20 countries, Japan's monetary easing policy is not aimed at weakening the yen.
"G20, the players feel comfortable to further sell the yen, the symbol of the 100 yen level was hit, it is only a matter of time," said the head of foreign exchange at Credit Agricole in Tokyo, Yuji Saito.
The dollar traded at 99.79 yen, after earlier hitting 99.89, down slightly from April 11 to reach a new four-year high 99.95. If heavy option barrier lined up around 100 yen against the U.S. dollar is broken, the dollar has more upside, because it will trigger stop-loss buying and goals, the 2009-year high of 101.45 yen, he said.
Plan during the meeting some of the major events or news in Asia, the focus of the market, mainly when the dollar will break through the 100 yen to renew a four-year peak.
As the euro-zone economy looks fragile, the dollar looked set to strengthen against other major currencies. How far will go depends on the U.S. economic data, rather than from Japan factor, the French bank Credit Agricole's Saito.
Friday's data show that currency speculators increased their bets against the yen in the week ended April 16, while lifting the position in favor of the U.S. dollar.
Japan's Nikkei Stock Average (N225) rose 2% to nearly five-year high, hailed the results of the G20 summit as a clear trend, the weakness of the yen, Japanese corporate earnings prospects for improvement. (T)
However, other parts of Asia, the performance is far better than with the Morgan Stanley Capital International broadest index of Asia Pacific shares outside Japan <miapj0000pus> rose 0.1%, the end of a tumultuous week down 0.5 percentage points. Global stocks and commodities rebounded late last week, concerns about a slowdown in the United States and China's economic growth tumbling sharply.
(AXJO) Australian stocks rose 0.2%, while the South Korean stock market (KS11) rose 0.1%.
"Investors are entering cautious this week, due to the the market temporarily lack of clear direction, said:" fly into the header processing Sydney City Index Asia-Pacific region.
G20 results in their stride and take in the Korean stock market, the key to a weaker yen, instead of focusing on domestic earnings.
"There is no serious upward momentum, taking into account the earnings prospects of most companies is muted, Dongbu Securities analyst:" Pu Xianshuo the Seoul stock market.
Financial strain undermine economic growth
The financial leaders of the G20 advanced economies and emerging economies are slowly from a long-running drive to rich countries official crunch, refused to set a sign of the downturn in the global economic recovery worries hard targets, the idea of ??reducing the national debt.
Concern on Saturday stressed that the end of the spring meeting of the global lender said the Steering Committee of the International Monetary Fund (IMF) monetary policy alone is not enough to restore confidence in the shaky global economy. They urged States to take additional steps to revive economic growth and job creation.
Futures recovered some lost ground after last week's sharp sell-off, but the market is likely to remain vulnerable China HSBC manufacturing purchasing managers index due on Tuesday.
U.S. crude oil futures prices rose 0.6%, to $ 88.50 a barrel and Brent crude oil futures prices rose 0.5%, to recover $ 100. (O / R)
London copper fell 0.9% to $ 6.93 thousand per ton.
Gold rose more than 1%, and promote Spot gold is up to $ 1,421 an ounce, far higher than its lowest point in the last week hit $ 1,321.35 more than two years, U.S. gold futures prices rose as high as $ 1,421.30. But sentiment remains shaky exchange-traded funds, holds a stable outflow is reduced to the lowest in three years. (GOL /)
The euro steadied around $ 1.3078, the euro zone economic reports put the single currency under pressure will be released this week, including consumer confidence index in late Monday and purchasing managers index Tuesday, but traders expect.
Italy re-elected president on Saturday, the prospect of political deadlock after the end of two months of the general election, to help support the euro.
 



Other News:
Nikkei bulls charge in as dollar/yen eyes 100
Global finance leaders to discuss IMF voting power reforms
Gold slide flashes warning signs for global economy
South Korean minister cancels Japan visit over war shrine
SAP net up 17 pct, cloud computing fuels growth
Guggenheim advises on Hulu sale, may also bid - sources
S.Korea's Abenomics anxiety attack proves to be short-lived
Korea and the U.S. will hold a meeting of the military committee consultations t