The Japanese stock market tumbled last night as the Nikkei 225 Index closed lower by more than 10.5 percent to 8605.15. Reports out of Japan have stated that nuclear plants are continuing to leak radiation over various parts of the country. Evacuations are taking place around the country at this time. The Japanese stock market has lost over $700 billion in market value in the past three days.
EURO(FX) and DOW in COUNTERTREND move
As I posted 2 days ago on TRADERPLANET, the COUNTERTREND MOVE is in effect in the EURO(FX), DOW, CRUDE OIL and by the way Bank of America and the NIKKEI(225) has been pretty negative through this last up move by the Dow
Technical and Fundamental Look on Japan – July 5, 2010
Good day forex and stock fans! Earlier today I presented my commentary on the recent price action of Shanghai Composite Index (kindly see my previous post here). Now, it’s Japan’s turn to be heard so here it is. On today’s canvas is the daily chart of the Nihon Keizai Shimbun Stock Market Index or the Nikkei 225 Index for short.
Hang Seng Falters as Industrial & Commercial Bank of China's Shareholders Plan to Sell Stake
he Nikkei and the ASX ticked higher on Monday, led by a rise in basic material consumer services however, mounting concerns emerging from the outbreak of the swine flu weighed on the markets as investors speculate that the pandemic will heighten anxiety across the global spectrum, and could ultimately prolong the road to recovery.