Japan's Nikkei average could fall
2 percent on Monday as disappointing U.S. jobs data added to
concerns over a slowing Chinese economy and a deepening euro
zone debt crisis.
Nikkei futures in Chicago closed at 8,255 on
Friday, down 2 percent from the Osaka close of 8,420.
Strategists said the Nikkei was likely to trade
between 8,200 and 8,300 after shedding 1.2 percent to 8,440.25
on Friday to turn negative for the year and fall for a ninth
straight week, its longest such run in 20 years.
"Today's market will definitely face selling pressure. It's
only natural. However, Japanese stock market levels are quite
low. For example, the Topix is around 700, the bottom of
the Lehman shock in March 2009," said Takashi Hiroki, chief
strategist at Monex Inc.
Gold price is still not stabilized in India like everywhere else. After going down, the g
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The price is equivalent
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