The yen did not strengthen in light of the end of the ultra-loose monetary policy which provided comfort to market players.
More Quotes from Hideo Mizutani:
Uncertainties over how Toshiba will run the nuclear power business and its financing scheme for the acquisition prompted investors to sell.Hideo Mizutani
Basically, investors can't really take aggressive positions this week, as they are waiting for the Bank of Japan's meeting, even if they expect the end to the ultra-loose policy to come on Thursday.
Hideo Mizutani
Share prices were weaker as many investors are keenly awaiting the machinery orders
Hideo Mizutani
Industrial output data, which showed a rise for the fifth straight month, suggested that the economy is on the recovery track, even though the number fell short of the market consensus.
Hideo Mizutani
Because of the uncertainties over exchange rates, investors were hesitant to chase export-oriented shares, and instead, went for domestic-demand-oriented shares.
Hideo Mizutani
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