Monday, April 2, 2007

GLOBAL MARKETS-Japanese stocks fall on tankan, oil slips

(Reuters) - LONDON, April 2 - Japanese stocks fell sharply on Monday, dragged lower by steel makers after a weak business sentiment survey, while oil prices slipped on profit-taking after a two-week rally.

Currency traders shrugged off Japan's quarterly tankan survey, which showed business confidence down for the first time in a year, as it did nothing to change expectations that the Bank of Japan is on hold after lifting rates in February.


Read more at Reuters.com Bonds News

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