View full page at forexfactory.com

 

Japanese Stocks Set for Best Yearly Gain Since Abenomics Jolt

From bnnbloomberg.ca

Japanese stocks are poised to round out their biggest yearly gains in a decade as the weak yen, corporate governance reforms and signs of sustained inflation lured buyers. The benchmark Topix is headed for an annual return of 25%, and the Nikkei 225 Stock Average is set to post a 29% rally. That’s the best performance since 2013, when aggressive monetary and fiscal easing policies fueled hopes of a turnaround in the third-largest economy. The world-beating indexes are trading near the highest since 1990, boosted by investors seeking alternatives to Chinese equities and authorities’ push for companies to improve ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis