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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (994)	5/13/1998 12:56:00 PM
From: borb	Respond to of 3902

Rates in Hong Kong is usually high to keep in pace of US dollar. When there is pressure of dropping HKD value, the government will keep it up with Hong Kong's foreign reserve. Japan is not peg with US dollar. The rate rise in Hong Kong will have nothing to do to yen. Nikkei went slightly up last night when the major Asian market are down. Nikkei is not following Asian trend. In the past 10 years, all Asian stock went up. Nikkei stay at bottom. Time to go up? I don't know. I hope it will not see 11,000.