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Daily analysis: YEN close to 100 Target, Nikkei Breaks New High
Fourth day winning streak for the Asian stocks in overnight trading as the promise of both Japanese and now US stimulus measures as promised yesterday boosting market sentiment and keeping traders appetites open for the more risky assets. Data releases from Japan indicate that the M2 Money Stock gained 3per cent in March which is a 0.01 per cent gain from the month before.
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