AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
(From AFX UK (Focus))
- (Repeating to clarify reference to weaker yen in 3rd para)
TOKYO (XFN-ASIA) - Share prices are expected to open lower following modest losses on Wall Street overnight and as market players exercise caution ahead of the closely-watched US employment report for August due later in the global session, dealers said.
The latest jobs data are expected to provide investors fresh clues on whether the US economy -- Japan's major trading partner -- has slowed enough to ward off further interest rate hikes -- or whether the Federal Reserve's 17 straight increases since 2004 might have tipped the economy too far.
But a weaker yen may continue to inspire buying of shares of exporters, and help the benchmark Nikkei index stay above the critical 16,000 level.
Overnight, ...