Is the Japanese Stock Recovery in Danger of Stalling?
Japanese shares rose the most in about a month, after data showed U.S. jobs beat economists’ estimates, boosting risk appetite and weakening the yen. Investors have been closely watching economic data from the U.S. to better gauge the chances of a rate hike later this year. Odds of an interest rate increase in September rose to 26 percent, up from 18 percent before the jobs report. Banks, carmakers and electric-appliance manufacturers boosted the Topix the most, as about three shares rose for each that fell. Wisdomtree Japan CEO Jesper Koll discusses with Bloomberg's Manus Cranny on "Countdown."