"Expectations of global monetary easing are triggering a boost in markets"
- Masaru Hamasaki, chief strategist at Toyota Asset Management Co.
Japanese stocks rose for a third day on Wednesday as the Yen weakened and amid speculation the Fed is ready to act to spur growth.
The Nikkei 225 Stock Average increased by 0.88 per cent, or 77.85 points, to 8,881.16. The broader Topix Index added 0.26 per cent, or 1.94, to 745.64.
"Today's currency movements are bolstering the Japanese market, which is a laggard compared with U.S. and Europe," said Masaru Hamasaki, Tokyo-based chief strategist at Toyota Asset Management Co.
"Expectations of global monetary easing are triggering a boost in markets."
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