Nikkei rebounds from 1-month low

<p>The Nikkei has got the week off to a good start.</p>

The Nikkei has started the new week on a high after bouncing back from the one-month lows the index hit last week.

During trading today (November 11th), the index rose by 1.3 per cent to erase the 0.8 per cent loss it recorded last week, Reuters reports.

A strong US jobs report that substantially exceeded expectations was among the reasons for the positive performance of the Nikkei today.

The Nikkei closed the session at 14,269.84 for the day, up from the one-month low point of 14,086.80 reached during trading on Friday.

It was also a good start to the week for the broader Topix index, which recorded a 0.8 per cent boost to close at 1,185.65.

Fears over a slowdown in the US economic recovery were eased last week with the release of the new jobs data, while stronger Chinese indicators have also shown the world's second largest economy is back on track as well.

Learn about the Asian markets and CFD trading at City Index

Join our live webinars for the latest analysis and trading ideas. Register now

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.

For further details see our full non-independent research disclaimer and quarterly summary.