Stock markets in Japan, the yen fell on Monday after Tokyo escape its positive reflation plan, has weakened the money directly from the G20 counterparts criticism.
"With the Japanese, but also to use all kinds of measures to alleviate the domestic monetary conditions, we don't expect a large international efforts to opposition, and look forward to against the yen continued to loose monetary conditions gradually drop to FX into," Barclays Capital (Barclays Capital) to the customer's report said.
G20 refused to pick out the Tokyo, but promises to avoid competitive devaluation, and that monetary policy will only in price stability and growth. Japan said, this has given it opened the green, the pursuit of its policy to cancel selected.
From the G20 hint, the nikkei average index. N225 opened up 1.3%, the yen has recovery.. T
The msci asia-pacific shares the most widely used index MIAPJ0000PUS outside Japan almost no change. Last Friday pan Asia index once touch and - 1/2 - month high, 1.2% of weeks or with 1 June since week best.
Last Friday, the msci world index in all countries. MIWD00000PUS, measure the global stock market activity, fell 0.26%, while European stocks closed lower, the American stock market closed flat.
The Australian stock market AXJO. Rose 0.3%, the largest miners have hope customers after the Chinese lunar New Year holiday began to buy, and blue chip except the carry trade, after the Australian federal bank (CBA. AX) and Telstra co., LTD. (TLS. AX) decline.
In China and Taiwan market recovery after the deal, a week of vacation.
In Seoul, Kospi index. KS11 opening fell 0.1%, some concern for the weaker yen, it may weaken the competitiveness of South Korea's exporters, weighing.
"Not many people today, in addition to the money, so everything depends on the yen, said:" sensitive, jinshan, senior market analyst of Monex.
Dollar rose 0.3%, 93.75 yen, step by step May 2010 94.465 hit on February 11, the highest since. The euro rose 0.1% against the dollar, still below its peak on February 6th touch 127.71 yen since April 2010 125.26 yen.
The focus of the market now is prime minister Shinzo Abe (Shinzo Abe) nominee in the future do the bank of Japan. Shinzo Abe is expected to be announced in the coming days his choice.
Sources told Reuters, the former financial bureaucratic WuTeng sensitive areas (the leading candidate to be the next central bank governors. Expected, he will strengthen to revive the economy's stimulation force degrees.
STOCKS CONSOLIDATE
From Friday's EPFR Global data emphasize, consolidate the ongoing Global stock market, the recent gains. This shows that investors all over the world to $362 million from the United States in the last week, stock fund in ten weeks is neutral position, after the previous week. But to emerging market equities demand remains strong, investors will be in the new cash for 1.81 billion dollars, stock fund, the fund tracking company.
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