Nikkei

Dollar rising as Nikkei further moves up

US dollar against Yen is rising as renewed buying support is propelling Japan's Nikkei index upwards. The priority shift among some investors from traditional safety net of Japanese currency to equities was the major reason on Nikkei's rise. The market players are eagerly waiting for the outcome of G-20 meeting this weekend in Shanghai.

Asian stocks reel under pressure ahead of Fed meeting

Asian stocks fell further after hovering at three-week lows amid weaker oil prices. The statements from the US Federal Reserve and European Central Bank (ECB) further worsened the situation., The ECB reduced deposit rates and this discouraged the market. The forthcoming jobs data and inflation numbers will set the tone for US Fed, which will meet in December to take a decision on interest rate hike.

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