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Monday, November 25, 2013

Asian stocks skyrocket after Yen decline, Iran nuclear agreement


Asian stocks skyrocket after Yen decline, Iran nuclear agreement Bank of Japan Governor Haruhiko Kuroda, who speaks in Tokyo today, helped drive a 45 percent surge in Japan’s Topix index this year. Kuroda maintained the central bank’s monetary easing as he and Prime Minister Shinzo Abe sought to jolt the nation out of 15 years of deflation. The Topix is the best performing index of 24 developed markets tracked by Bloomberg. Futures on the S&P 500 today advanced 0.3 percent today, after last week closing at a record high and capping a seventh week of gains. The Dow Jones Industrial Average, also rose for a seventh week, its longest streak of such gains since January 2011