Tokyo again down while the Asian markets end of the year volatile
Tokyo yesterday pulled off again despite shares Toshiba completed its three-day free fall but Hong Kong bounced back when Asian markets pulled the curtain on a volatile year. With Wall Street retreating beyond the historical barrier of 20,000, the Nikkei fell for a third day, rising 0.2 percent, while the yen lost ground against the dollar. Despite falling yesterday, Japan's benchmark index rose 0.42 percent in 2016, marking the fifth consecutive annual increase, with the market recovering losses earlier this year after the electoral victory of Donald Trump . "Trump was a game changer," said Hisao Matsuura, chief strategist at Nomura Securities. And Toshiba shares recovered from problems after a Tuesday bleed saw investors lose shares by a massive loss at a time. Hong Kong rose by one percent, the Hang Seng finished the year slightly. Australian stocks ended down 0.6 percent, corresponding to the gain of the year to seven percent. Seoul has been closed for a holiday. Shanghai registered a rise of 0.2 percent, but shares of the second largest economy in the world experienced a scorching year, a decline of more than 12 percent, because the market was hit by irresponsible politicians . The decline of the yuan -bajado seven percent by the central bank more than a dollar each year before the increase in volumes has prompted overseas investors in search of better performance. Trade was the light worldwide this week, with volumes of crude oil, stocks and currencies below average. Pan Jingyi, market strategist at IG Asia, told Bloomberg News that Asian markets had "little inspiration for price leadership." He added, "It is likely that the market is reset to zero New year with US markets and that could put a little pressure on the markets in recent times have had a weaker performance. " While the London Stock Exchange finished the year at record highs, the shock vote to leave the EU in June, with the pound the second worst performance among large currencies, beaten only by the Mexican peso. On the other side of the Atlantic, the dollar rose 10 percent compared to the yen since the surprising result of the American election propelled Trump for the president. The Japanese currency, which rose against the dollar on Thursday, the dollar was down against 117.03 yen the day before. The Dow has also reached new heights as dealers bet Trump predicts state infrastructure spending, tax cuts and deregulation trigger the US economy. Oil also rebounded this year with West Texas Intermediate recovering less than $ 30 per barrel to exceed US $ 50. Its performance was driven by an agreement to reduce OPEC production expected for January. US crude fell Friday after official US data showed a surprising stock increase of 600,000 barrels of crude inventories, while the market was expecting a drop of 1.5 million barrels of commercial crude inventories. But analysts have tipped the merchandise to continue its recovery in the new year. "If OPEC can honor their agreements, there is a chance that oil could increase further to $ 60 per barrel by 2017," said Margaret Yang, market analyst at CMC Markets. The relationship between the United States and Russia under the Donald Trump government, "he added. At the opening of European trade, London fell by almost 0.2 per cent, while in the euro area Both Paris and Frankfurt were slightly lower.