We've got a firmer New York market and a weak yen to support exporters.
After gaining for four straight sessions, investors are concerned that the Nikkei has risen too quickly.
Right now there are few market participants.... Investors don't know what may happen with the currency during the holidays.
Investors want to see the U.S. stock market's reaction to whatever the Federal Reserve says, which might set the tone for global high-techs for a while.
It seems the U.S. market won't be affected too much by election results, and that's quite reassuring. Investors are slowly regaining their confidence, and the Nikkei should start to establish support around 15,000.
When you say you agree to a thing in principle you mean that you have not the slightest intention of carrying it out in practice.
Otto von Bismarck
(April 01, 1815 - July 30, 1898)
If all mankind minus one were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person than he, if he had the power, would be in silencing mankind
John Stuart Mill
(May 20, 1806 - May 08, 1873)
Those who do not want to imitate anything, produce nothing.