Asian Markets, January 23, 2013

As of January 23, Nikkei 225 index fell by 2.08% caused by the ongoing effects of Bank of Japan’s announcements and the increase in the yen against the dollar. Recall that BOJ declared that it would implement an open-ended asset purchase program and an inflation target of 2%, without giving a signal of a deadline for these decisions.
While Hang Seng Index in Hong Kong fell by 0.10%, Shangai Composite Index rose by 0.25% as a result of the increases in the technology and steel shares

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