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Japanese stocks move higher in early trading, as investors shrug off weak GDP data and focus...

Japanese stocks move higher in early trading, as investors shrug off weak GDP data and focus their attention on a central bank decision due out later in the day. The Nikkei Average rose 0.4% to 11,291, with the blue chips most active: Sony (SNE +1.3%), Fujitsu (FJTSY.PK +0.7%), Olympus (OCPNY.PK +1.2%), Hitachi (HTHIY.PK -1%) and Nissan (NSANY.PK -0.8).
Comments (3)
  • Well, they choose the currency war.
    13 Feb 2013, 08:48 PM Reply Like
  • Perfect. GDP shrinks markets go up Keep printing.nobody gives a hoot .
    13 Feb 2013, 09:24 PM Reply Like
  • They will. This will not go on in perpetuity. Mardi Gras is over, Ash Wednesday has passed, the carnival is coming to a close and time for austerity: fasting and sacrifice. The markets are analogous. On Valentine's day or the next will be the turning point in this cyclical bull market. By the end of February our view of the markets and economy will be radically shifted. A sea change will have occurred: sobriety will occupy jubilance's former space.

     

    There are cracks in the surface, the facade; a narrative that the economy is recovering and gaining momentum. We shall see through the cracks and begin to see the sober reality that lies within.
    14 Feb 2013, 12:39 AM Reply Like
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