Vote!

Nikkei rally seen stalling ahead of ECB, US jobs data

TOKYO, July 5 (Reuters) - Japan's Nikkei share average is likely to tread water on Thursday following a recent rally, capped by resistance such as its 75-day moving average and with investors cautious ahead of a policy decision later in the day by the European Central Bank. The Nikkei closed at two-month high of 9,104.17 on Wednesday as market participants picked up energy and resource company shares on a rise in oil prices, though players said that follow-through buying was likely to be lim ...

read more...

Share |

Published By: Reuters (Company news) - Thursday, 5 July, 2012