* Nikkei 225 Stock Average: +123.18 (+0.7%) to 17,680.05 * Nikkei 225 futures Osaka: +130 (+0.7%) to 17,690 * TOPIX 1st Section: +20.87 (+1.2%) to 1,731.54; Advancers 1,239 x decliners 386 (106 unchanged) * JASDAQ: +1.40 (+1.8%) to 79.36 Sony (JP: 6758) (SNE) at five-year high; bank stocks rally ahead of mega banks’ Mitsubishi UFJ [...]
Archive | May 22, 2007
Weak Dollar, Weak Yen …
The following excerpt is from a daily WSJ alert: OUTWARD FLOWS: As U.S. investors chase profits overseas, there may be an unintended consequence: pressure on the American dollar. Attracted by strong stock-market performance away from home, individuals and institutions in the U.S. are pouring cash into foreign stocks and bonds. In recent months, as Joanna [...]
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