Japan’s Nikkei breaks losing streak

Japan’s Nikkei index rose, breaking a seven-day losing streak, despite the yen continuing to strengthen.

The benchmark Nikkei 225 closed up 0.2% at 15,749.84, helped by a rebound in energy and healthcare stocks.

But shares in exporters were hit as the dollar weakened to 108.78 yen, a 17-month low, with the US currency falling following the release of minutes from the Federal Reserve.


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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam