(Bloomberg) -- Japanese shares may advance after U.S.
consumer confidence unexpectedly rose this month and the yen
weakened against the dollar and euro. Sharp Corp may lead gains
by exporters.
The Standard & Poor's 500 Index posted the longest weekly
streak of gains since 2004. The U.S. is Japan's largest overseas
market and a weaker yen means Japanese exporters get more for
their overseas sales when they are converted back to local
currency.
Read more at Bloomberg Stocks News
consumer confidence unexpectedly rose this month and the yen
weakened against the dollar and euro. Sharp Corp may lead gains
by exporters.
The Standard & Poor's 500 Index posted the longest weekly
streak of gains since 2004. The U.S. is Japan's largest overseas
market and a weaker yen means Japanese exporters get more for
their overseas sales when they are converted back to local
currency.
Read more at Bloomberg Stocks News
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