Japan parties in its first session of the new year, the Nikkei gaining 2.8% to its highest close...

|By:, SA News Editor
Japan parties in its first session of the new year, the Nikkei gaining 2.8% to its highest close since March 2011. Leading the gains were exporters, including Toyota (TM) +6.4%, catching up to big gains in the States over the past week. The slide in the yen picks up steam, the dollar +1.2% and buying ¥88.25. Hedged vs. unhedged Japan stock ETFs over the past 3 months.