Japan's Nikkei set to snap 3-day gain as strong yen, US recession …

By Kevin Buckland TOKYO, April 5 (Reuters) – Japan’s Nikkei share average fell sharply on Wednesday, threatening to end a three-day winning streak, as a stronger yen and fears of a U.S. recession hit auto and energy stocks. The Nikkei fell 1.3% to 27,917.89 as of the midday break, slipping below the psychological 28,000 mark for the first time this month.

The broader Topix tumbled 1.5% to 1,991.67. Shares that had rallied in recent days were sold by investors looking to lock in profits, with energy stocks among the worst-hit. The strengthening yen also weighed on sentiment broadly, and slapped down automakers in particular, as it cut the value of overseas sales.

Toyota Motor Corp, Nissan Motor Co Ltd and Honda Motor Co Ltd all sank around 2%. Overnight, all three major U.S. stock indexes declined, as evidence of a cooling economy exacerbated worries that the Federal Reserve’s rate tightening campaign may trigger a deep downturn. New data showed job openings dropped to the lowest in two years, and factory orders fell for a second month.

“Rising concern over the U.S. economy and the decline in U.S. stocks are having a big impact,” said Maki Sawada, a strategist at Nomura Securities, noting that economically-sensitive sectors such as energy and steel were being particularly hard hit. “Given the Nikkei’s rise in recent sessions, some profit taking is natural,” she said. “Around the psychological 28,000 level though, bargain hunting is likely to emerge, limiting downside.” Fast Retailing was the worst-performing stock on the Nikkei, dropping 1.8% and erasing 55 index points from the index.

Oil and coal producers, and iron and steel each lost 3.1%, making them the worst-performing industry sectors on the Tokyo Stock Exchange.

Shipping alone rose, climbing 1.7% and continuing its strong rebound from the two-month low hit on Monday.

Panasonic Holdings Corp added 2.67%, and was at one point up as much as 4.24%, following a media report that it was in talks with Stellantis and BMW over new electric-vehicle battery plants. (Reporting by Kevin Buckland; Editing by Varun H K)

ccl-computers listed on couponmatrix.ukdivan-beds-centre listed on couponmatrix.uknames-co-uk listed on couponmatrix.uknflcom listed on couponmatrix.ukoffice-shoes listed on couponmatrix.ukpockets listed on couponmatrix.uk
ccl-computers listed on couponmatrix.ukAs the home for desktop PCs, gaming computers and laptops, CCL Computers is the best in business when it comes to quality and affordability. Whether you're in need of a high-performance gaming rig or a reliable work laptop, we can help you get the most out of your money with a CCL discount code. At CCL Computers, you’ll find substantial savings on popular tech brands like Acer, Lenovo and Horizon, including laptops as well as components and graphics cards to build your own PC.
divan-beds-centre listed on couponmatrix.ukDivan Beds Centre is one of the UK's leading suppliers of divan beds and bedroom furniture. They offer a wide range of products at great prices, with something to suit everyone's taste and budget. Plus, they regularly offer Divan Beds Centre discount codes, so you can save even more on something snug. With ottoman beds, headboards and made-to-measure designs to pick from, you’re bound to find the perfect sleeping pattern at Divan Beds Centres. Looking to save on your next purchase from Divan Beds Centre? Groupon can help! We work with Divan Beds Centre to bring you the best deals and Divan Beds discount codes. Whether you're looking for a new bed, mattress, or bedroom furniture, they've got you covered. Be sure to check back often, as we regularly update our selection of Divan Beds Centre promo codes and deals. Whatever the bed, there whole thing is useless without a good mattress to dress it. Luckily for you, Divan Beds Centre stock a wide array of mattresses to enjoy from memory foam to pocket sprung, so you can find the perfect one for you. Plus, with a Divan Beds Centre mattress promo code you’ll get an even better price on your luxury bedding. Say no to irregular and interrupted sleep, give yourself a welcome rest with Divan Bed Centre mattresses.
names-co-uk listed on couponmatrix.ukIf you’re looking to set-up your own online business, our Names.co.uk discount codes will get you started with all the essentials, from domain registration to website building. Names.co.uk makes things so easy, that even if you’re a total beginner you’ll be up and surfing your own site in no time. And with these Names.co.uk promo codes, it won’t cost the earth either. With 18 years’ experience under their technological belt, Names.co.uk provides online solutions for businesses and individuals in need of a little help. A one-stop shop for website needs, Names.co.uk customers can register domains, sign-up for personalised email accounts and purchase essential web hosting packages. And once you’ve down all the hard work getting your online business up and running, you might need help getting noticed – but don’t worry, Names.co.uk has also got that covered too with their Search Engine Optimisation and Pay-Per-Click Advertising services. Expert advice is also available seven days a week if you find yourself asking questions such as “What is an SSL Certificate and why do I need one?” Looking to unleash your inner Mark Zuckerberg or just eager to spin your own corner of the web? Get things rolling with our Names.co.uk voucher codes.
nflcom listed on couponmatrix.ukGet your head in the game with NFL Europe Shop, the No.1 place to snap up the latest apparel, equipment, collectables and more. Stocking the latest team jerseys, in addition to hoodies, t-shirts, and gym wear, you can support your side in style. Shop now with a NFL Europe discount code and bring home a piece of personalised kit or accessory for less. With ranges for men, women, and even kids, the whole family can join in with every celebration.
office-shoes listed on couponmatrix.ukLove branded footwear? You’ll adore Office Shoes. As a leading fashion-footwear specialist, Office Shoes has a fit for both the style conscious and comfort seekers. Snap up your favourite pair with an Office Shoes discount code and discover beautiful design, quality and individuality for less. From sleek high heels and gorgeous leather boots to chunky trainers and sandals, there’s a shoe made for everyone at Office Shoes.
pockets listed on couponmatrix.ukMen with an eye for the exquisite will love a little Pockets clothing in their wardrobe. Sporting a collection of men’s designer threads from high-profile brands like Lacoste, Belstaff and Ralph Lauren, imagine the amount you can save when you shop smart using a Pockets discount code. Backed by a beautiful array of designer shoes, accessories and smart wear, nothing makes you feel quite as fancy as a fresh outfit from Pockets. At Groupon, we understand that saving money is important to our customers. That's why we work hard to find the best discount codes for Pockets products.We search the internet for discount codes and share them with our customers. We also offer a variety of ways to save money, including coupons and deals. If you're looking for ways to save money on Pockets products, Groupon is a great resource. We'll help you find the best discount codes and deals so you can save money on your next purchase. Smart up in the snazziest shirts for your next social occasion with Pockets and you’ll be the most high-class man in attendance. Be it from the designers at Hugo Boss or Paul Smith, you can save up to a triple-digit figure by making the most of any Pockets promo currently running. Shop a sleeve size by the season and start setting trends wherever you travel with Pockets superior shirts.