The Asian stocks decline after the deadly terrorist attacks in Paris. Before the Tokyo market opened, data released showed that Japan’s economy fell into recession in the third quarter after the economy decreased by an annualized 0.8%.
“Currency markets have responded to the atrocities in Paris over the
weekend,” said Richard Grace, chief currency strategist at Commonwealth Bank of Australia.
“Even still, Japan’s central bank is unlikely to announce more stimulus at the end of a policy meeting this week,” Marcel Theliant of Capital Economics wrote in a research note. “Any such announcement isn’t expected until early next year,” he said.
SOURCES:
http://money.cnn.com/2015/11/15/investing/world-markets/index.html
http://www.reuters.com/article/2015/11/16/us-global-markets-idUSKCN0T41AC20151116#Z9UlcUpLJmAZlc6L.97
