Japan stocks climb as Yen holds drop; supplies sink crude
Bareksa • 06 Mar 2014
The yen weakened against all 16 major currencies tracked by Bloomberg yesterday while the Bloomberg Spot Dollar Index, which tracks the greenback versus 10 major peers, fell 0.1 percent, snapping a two-day advance (Bloomberg/Akio Kon)
The Kospi Index in Seoul lost 0.1 percen
Bloomberg - Japanese stocks climbed, with the Topix (TPX) Index rising a third day, as the yen traded near a one-week low versus the dollar with the U.S. and Russia to continue talks over Ukraine. Crude oil extended declines after data showed American inventories rose a seventh week.
The Topix added 0.3 percent by 9:22 a.m. in Tokyo while Australia’s S&P/ASX 200 Index dropped from a 5 1/2-year high. Standard & Poor’s 500 Index futures were little changed. Japan’s currency lost 0.1 percent to 102.44 per dollar after touching the weakest level since Feb. 26 yesterday, while currency volatility abated.