Japanese stocks retreated on Tuesday

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"I have been saying for a while that the Nikkei's upper limit is 9,000"
- Koichi Kurose, chief economist at Resona Bank Ltd.

Japanese stocks fell for a fourth consecutive day on Tuesday after China's imports rose less than economists forecast.

The Nikkei 225 Stock Average fell 0.44 per cent, or 39.15 points, to 8,857.73. The broader Topix Index lost 0.70 per cent, or 5.33, to 758.60.

"I don't think China is serious about economic stimulus because it focuses on cracking down on high property prices rather than shoring up growth," said Koichi Kurose, chief economist in Tokyo at Resona Bank Ltd.

"I have been saying for a while that the Nikkei's upper limit is 9,000."

© Dukascopy Bank SA

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