Sunday, April 1, 2012

Nikkei set for gains after robust China PMI

TOKYO, April 2 (Reuters) - Japan's Nikkei average is
expected to snap a three-day losing streak on Monday and open
higher, as stronger-than-expected Chinese manufacturing data
eased worries of an economic slowdown and a softer yen
underpinned sentiment.
The closely watched Bank of Japan tankan survey released
before the open is also expected to provide support.
Market players said the Nikkei was likely to trade between
10,050 to 10,200 on Monday, after Nikkei futures in Chicago closed

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