The other action was in the yen, which resumed its long decline as investors used it to fund purchases of higher-yielding assets abroad. The drop in the yen has been viewed as positive for Japanese exports and corporate earnings, and a major reason its share markets outperformed all others last year. Japan's Nikkei (NIK:^9452) was closed on Thursday but ended 2013 with an annual gain of 57 percent. Many analysts look for a further advance this year as the Bank of Japan remains committed to its massive stimulus campaign.
via Business News - Yahoo Finance http://finance.yahoo.com/news/global-shares-start-slow-motion-020911784.html
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