Nikkei leads asian stocks higher on easter monday

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The Japanese and the Chinese stock markets kicked-off the week on a stronger footing amid thin trading as most Asian markets remain closed in observance of Easter Monday. Nikkei rises to more-than a week high on weak yen The Japanese benchmark index, the Nikkei 225 rises nearly 0.80% to fresh one and a half week high near 17,150 points, as Friday’s upward revision of the US economic growth forecasts for the fourth quarter underpinned sentiment. While persistent yen weakness against


the US dollar also supports the upbeat momentum in the region’s indices. Whilst the Chinese indices also followed suit and edged higher this Monday, with benchmark Shanghai Composite index up 0.64%, Shenzhen’s CSI300 also gaining 0.63%, while China A50 shares advance 0.37%. Markets in Hong Kong and Australia are closed for the Easter holiday. © 2014 “FXStreet. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information.

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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