Japan's Nikkei gains on relief over Deutsche, financials bounce



Oct 3 Japanese stocks rose on Monday as global risk asset markets took heart from easing concerns over Deutsche Bank, triggering a relief bounce in financial sector shares.
The Nikkei rose 1.2 percent to 16,640.70 after losing 1.5 percent on Friday.
Tokyo shares received an early lift from Friday's gains on Wall Street.
The S&P financial sector saw its best performance in roughly two months on Friday, with Deutsche Bank shares surging on a report that the German lender was close to a more favourable settlement with U.S. authorities over the sale of toxic mortgage bonds.
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3 October 2016 in World News, Views: 82
Source: Reuters
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