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.
More Quotes from Hideo Mizutani:
Share prices were weaker as many investors are keenly awaiting the machinery ordersHideo Mizutani
It's a tug-of-war between investors choosing to pocket gains after the Nikkei surged to its highest level since August 2000 yesterday and those chasing bargains on optimism about a steady economic recovery.
Hideo Mizutani
Higher interest rates result in higher capital procurement costs -- when they borrow money from banks, for example -- hurting their investment.
Hideo Mizutani
The market is dragged down by profit-taking, with shares that made gains recently under selling pressure.
Hideo Mizutani
The yen did not strengthen in light of the end of the ultra-loose monetary policy which provided comfort to market players.
Hideo Mizutani
Readers Who Like This Quotation Also Like:
Based on Keywords: ultra-looseAlmost everything in 'A Day With Wilbur Robinson' has some basis in truth. And yes, my sister did pay me to feed her grapes while she talked to her boyfriend on the phone.
William Joyce
But the best thing Washington can do for education is realize that our role is limited. Washington must keep its promises, but let those who know our childrens' names- parents, teachers and school board members- make education decisions.
Mark Kennedy
The connection between education and a healthy economy is critical.
Ted Strickland