Epic Research Singapore : Global Market Update

A sharp strengthening of the yen also weighed on Japanese stocks. The Nikkei Stock Average JP:NIK -1.42%   traded down 2%, falling as low as 14,451.88 in early trade. The U.S. dollar USDJPY +0.2744%   changed hands at 97.81 yen, compared with ¥98.27 late Friday in New York.  

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