JAPAN-Nikkei-Time to go back up? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fut_trade who wrote (1591)	11/12/1998 12:28:00 AM
From: borb	Read Replies (1) of 3902

Japan's ruling Liberal Democratic Party (LDP) and a key opposition party on Wednesday discussed suspending Japan's 5 percent sales tax temporarily, forcing likely short-covering that boosted December yen to $0.008337 overnight. The two parties also agreed to meet Monday for more discussion. An LDP tax panel also decided the party's stimulus plan should recommend income, corporate and housing tax cuts. December yen gains were not unexpected after the contract fell from a high of $0.008792 on November 2 to a recent low of $0.008141 in Tuesday's electronic session, traders added.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next