Japanese stocks retreat on Yen

Note: This section contains information in English only.
Source: Bloomberg
Japanese stocks declined, with the Topix index snapping a two day winning streak, as exporters fell after the Japanese currency appreciated and on expectations that the Fed will start to scale back its stimulus in September. The Topix fell 1.7% to 1,151.82 at the Tokyo's close; however, the equity-benchmark has advanced 3.2% in the last two sessions, while the Nikkei 225 Stocks Average slid 2.1% to 13,752.94.
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