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Japan’s Fin Min, G7 express deeper concern over Yen rally; BOK cuts by record 75bp

Posted by Trade The News in October 27th 2008  
Equity indices see mixed trading midway through the Asian session of another dreaded by market historians October Monday. Nikkei 225 has oscillated within 2% range of last week's close in early session activity - falling initially at the open, rallying by 300 points, and finally paring back most of those gains toward the unchanged levels. Initial pressure on Japan's index that pushed it to an intraday 26-year low was in part triggered by media reports concerning Mitsubishi UFJ that revealed a Read More...

Filed under: Fundamental