Wednesday, June 13, 2007

Japan's Stocks May Rise on U.S. Spending Jump, Lower Bond Yields, Weak Yen

(Bloomberg) -- Japanese stocks may rise after U.S.
retail sales jumped by the most in more than a year and bond
yields dropped. Exporters including Canon Inc. may lead gains on
speculation lower borrowing costs and higher consumer spending in
Japan's largest overseas market will lift profits.

Exporters may also get a boost after the yen weakened to the
lowest against the dollar since 2002, increasing the value of
their dollar-denominated sales.


Read more at Bloomberg Stocks News

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