Yen Zone: Japanese stock
down.
Tokyo Stock Exchange
closed down 0.25% this Tuesday November 19th and the Nikkei 225 index fell by 37.74 points
to 15126.56 points.
Following strong increases in the previous
week, investors are waiting to see the new structural reforms introduced by the
Japanese Prime Minister Shinzo Abe, who promised further deregulation to boost
the growth of Japanese companies. But most investors are unnerved and want to
know the details of these changes.
The yen benefiting from Monday rebound
continues to rise and the dollar is still under the 100 yens. The yen strength
penalize exporters and on the eve of the motor show in Tokyo opening, Toyota
was down 0.79% to 6300 yen, Nissan slowed down 0.11% to 926 yen and Honda 1.09%
4095 yen.
If the US retail sales report tomorrow is
better than expected, it will support the USD against the yen.
