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Unread 01-06-2011, 07:16 AM
gnutrade.satya gnutrade.satya is offline
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Smile Asian Market Nikkei saw a dull day

The Asian Market Nikkei saw a dull day with a broad commodities sell-off prompting investors to take profits after it hit a near eight-month closing high the previous day.Fumiyuki Takahashi, an equity strategist for Barclays Capital Japan said: "The Nikkei slid only a notch today and it's not a very important negative move as the general positive trend remains intact, with high expectations for the U.S. economy to pick up steam this year. Despite consolidation around new levels today, the increased global appetite for risky assets among market players is what's really driving the market. Investors keep selling bonds and tap into stocks, lifting them higher."
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