Best Italia Economy Portal: Tokyo, maxi-rebound (+ 7.16%). They return the Chinese markets with moderate losses

Monday, February 15, 2016

Tokyo, maxi-rebound (+ 7.16%). They return the Chinese markets with moderate losses – Il Sole 24 Ore

History of the article

This article was published on February 15, 2016 at 7:10.
the last change is the February 15, 2016 at 7:47.

TOKYO – After recording the last week the worst collapse since 2008 (over 11%) the Tokyo Stock Exchange has launched the new eighth with a strong technical rebound and closed with the Nikkei rebound of 7.16% at 16,022, 58 points (+1069.97 points) despite the negative news of the return of the Japanese GDP in the fourth quarter (-1.4% annualized, down 0.4% on the third quarter): the momentum and ‘arrived in the wake of earlier gains on Wall Street and in Europe and especially thanks to a weakening of the yen, recovering from a strong appreciation.

the atmosphere for investors in Asia and ‘made even less tense because’ the Chinese stock markets – after a break of one week – made their debut with relatively modest declines, while the central bank Beijing has fixed the exchange rate of the yuan rising (the highest for more than a month against the dollar). Even if the Chinese in January and ‘dropped by 6.6% and exports, retail sales in the period of the Lunar New Year holidays are rising by 11.2% from a year earlier. Soaring the Hong Kong Stock Exchange (which had reopened Thursday ‘last year).

In Tokyo the Nikkei and ‘thus managed to ignore for the moment the preliminary data on gross domestic product, and that’ the contract at an annualized rate of 1.4% (slightly worse in the fourth quarter of 2015 expectations), mainly because of the decrease in consumption (-0.8%).

The yen and ‘depreciated in the high of a gear belt between 113 and 114 on the dollar, which has caused spikes between the titles of the companies’ export – electronics of the car. Toyota has also benefited from the confirmation of the attivita ‘production recovery in Japan after the stop of a week caused by a shortage of special steels after in the fire at the subsidiary Aichi Steel. Today the same Prime Minister Shinzo Abe and ‘inserted in the wake of’ “verbal intervention” of Friday ‘last year the Minister of Finance Taro Aso, arguing that the government and’ ready to take the necessary steps in front all’indesiderabilita ‘excessive hikes the foreign exchange market: a threat, therefore, to direct intervention if the yen were to depreciate beyond a warning threshold.

In soaring today financial stocks, after the recovery of the banking sector in the international stock markets.