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We're post 'Japan Inc' earnings now and the focus is back on China where local brokers are talking about market reforms, many of which will have a direct market impact,, there's also a continued focus on the U.S. Federal Reserve, with a lot of sell-side banter about quantifying what level of rate increases brokers are expecting. The shortened trading week should mean low volume with a very domestica focus, but the long-term outlook is still good for the Nikkei as long as the yen continues to weaken against the dollar.

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