Today, the Japanese Prime Minister Shinzo Abe’s ruling coalition won an important election victory. The win gives Shinzo Abe’s coalition a mandate to try and inflate their economy further with easy monetary policies. This agenda has not gone over to well with neighboring countries such as China, and South Korea. Japan has been able to boost its exports over the past year by devaluing the Japanese Yen. The Nikkei 225 Index should be closely watch by traders and investors this week as it approaches major chart resistance from the May 23, 2013 crash.
http://www.youtube.com/watch?v=ojTYgv8Tjzg
