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Nikkei
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maxsyn
Veteran |
30-Nov-2006 14:08
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up 198pts. better than what I had predicted, 180 pts. cheers for those who has vetsed in the index call warrants |
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maxsyn
Veteran |
30-Nov-2006 13:10
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DATA BOOSTS YEN, NIKKEI In Asia, data showing Japanese industrial output rose 1.6 percent in October surprised markets which were expecting a decline of 0.5 percent. The data lifted the battered yen and Tokyo stocks, offering evidence that the cooling U.S. economy will be offset by improving growth in other regions. The yen recovered from a fresh record low at 153.45 per euro (EURJPY=) to trade around 153 yen. The dollar was little moved at 116.23 yen (JPY=), while the euro briefly hit a fresh 20-month high versus the dollar at $1.3218 before falling into negative territory. The Nikkei average (^N225 - News) rallied 1.4 percent to end at 16,076.2 points, its first close above the 16,000 point level in a week. "Japan's industrial output data is proving its economy is on track for stronger growth, so the implications for the global economy are positive," said Jason Hwang, a strategist at Woori Investment and Securities in South Korea. Factory output in South Korea rose unexpectedly in October according to data on Wednesday, strengthening the prospects of a rate rise in Asia's third-largest economy early next year. |
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maxsyn
Veteran |
30-Nov-2006 07:16
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thanks to DOW, 16,500 could be just around the corner. has been lagged behind HSI for sometimes, see if it could catch up HSI. |
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maxsyn
Veteran |
30-Nov-2006 00:44
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closed above 16,000. Dow will bring it to next high. Look out for nikkei index call warrant. |
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maxsyn
Veteran |
28-Nov-2006 21:33
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It fell to day low of 15653.69 and recovered to 15855.26. Nikkei might have found a support at 15700. Can consider call warrants which will be expired next year |
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