Jan 16, 2015
Japan stocks open lower, Nikkei Average slips 2.1%, Topix skids 1.8%
Japan stocks open lower, Nikkei Average slips 2.1%, Topix skids 1.8%
LOS ANGELES: Shocking move in forex market affected on Japanese stocks on Friday morning, with the Nikkei Stock Average NIK, down 2.1% (erasing the previous day’s 1.9% rally) and the broader Topix lowered by 1.8% in the early minutes. Switzerland threw the currency markets into chaos by unexpectedly scrapping its franc’s peg to the euro, resulting in investors piling into the yen and unwiding…
View On WordPress