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Asian Market Update: Nikkei Slumps, Yen Strengthens After Sales Tax Hike Delay, Australia...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian equity markets are mixed, with the most notable decline coming in Tokyo on outsized 70pip slide in USD/JPY pair below ¥109 handle a 2 week low. Traders are looking at the latest move by Japan PM Abe to delay consumption tax increase by over 2 years as a[​IMG]

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