Japan’s equity juggernaut rolls on By Reuters

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© Reuters. FILE PHOTO: A man looks at an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and Nikkei share average outside a brokerage in Tokyo, Japan October 4, 2023. REUTERS/Issei Kato/File Photo

By Jamie McGeever

(Reuters) – A look at the day ahead in Asian markets.

Another day, another leap to a fresh 34-year peak. Is there anything that will stop the Japanese equity juggernaut?

There isn’t much on the Asian economic and policy calendar to give markets a steer on Tuesday – volume will pick up as U.S. markets reopen after the Monday holiday – but Japanese producer price figures could give Japan bulls pause for thought.

Or the green light for another whoosh higher.

The consensus view in a Reuters poll of economists suggests the year-on-year disinflation in the country’s goods-producing sector seen over the last year flipped into outright deflation in December.

The annual rate of goods…

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