The Nikkei has begun the new week by recording a 0.7 per cent dip in its value.
During today's (September 17th) trading on the index, investors were concerned over speculation the US Federal Reserve could be set to reduce its quantitative easing scheme.
After the stock market was closed on Monday for a public holiday, the index fell by 0.7 per cent today to cancel out some of the strong gains made over the course of the last two weeks.
According to a report by Reuters, the Nikkei rose to as high as 14,474.53 during the session, but dropped back to end the day at 14,311.67 after a choppy period of trading.
The Topix also had a bad start to the new week, falling by 0.3 per cent to 1,181.64.
Last Friday, the Nikkei grew to ensure it was up by almost four per cent over the course of the week, with the gains made possible by the announcement Tokyo will be hosting the Olympic Games in 2020.
Learn about the Asian markets and CFD trading at City Index
GAIN Capital UK Limited (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.
No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.