World stocks mixed, Japan's Nikkei up as yen falls

Posted by Forexsq 620 days ago (http://finance.yahoo.com)
img Japan's benchmark stock index jumped Monday after Group of 20 finance officials refrained from directly criticizing Prime Minister Shinzo Abe's government for trying to force down the yen. Other stock markets were mixed.

Currency policy was center stage at the weekend meeting in Moscow of finance ministers and central bankers from the world's 20 biggest advanced and emerging economies. Japan's currency was of particular interest because Abe has repeatedly said that he wants a cheaper yen to help manufacturers compete. Japanese exporters have long been unhappy with the yen's rise due to its status as a safe haven.

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