TOKYO, Nov 22 (Reuters) - Japan's Nikkei average is expected to test a fresh five-month high on Monday helped by the yen's recent slip against the dollar, although some profit-taking is seen likely to emerge after its 8.9 percent rally this month.
Market players said China's decision on Friday to raise banks' reserve requirements was unlikely to jolt Tokyo shares, as investors had been bracing for such monetary tightening by China for some time. [ID:nL3E6MJ0N8]
"Market ...
Sign in to access
this Article
"Nikkei may edge up, test fresh 5-mth high" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
