You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #28: Nikkei builds on last week's gains, Italy eyed [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-05-11 08:24 AM
Response to Reply #14
28. Nikkei builds on last week's gains, Italy eyed

TOKYO, Dec 5 (Reuters) - The Nikkei stock average
edged higher on Monday to build on last week's hefty gains,
helped by improved sentiment towards the European debt crisis
although uncertainty about how markets will assess Italy's new
austerity plan capped the upside.
In Europe, Italy's Prime Minister Mario Monti is set to
present his 30 billion euro austerity package to parliament on
Monday, as French and German leaders meet in Paris to hammer out
a proposal for further fiscal integration across the currency
"On the face of it, the Italy news doesn't seem bad for
markets, but Japanese investors need to see the reaction of
European and U.S. markets to the plan before they can confirm
that it's good news," said Masayoshi Okamoto, head of dealing at
Jujiya Securities.
"The 30 billion euro amount, is it too much, too little, or
just right? We need to see what the market thinks of it," he
Printer Friendly | Permalink | Reply | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC