Rally May Stall For Japan Stock Market

The Japanese stock market has tracked to the upside in five consecutive sessions, climbing more than 5,600 points or 8.9 percent in that span. Now at a fresh record closing high, the Nikkei 225 sits just above the 69,900-point plateau although investors are likely to lock in gains on Thursday.

The global forecast for the Asian markets is negative on concerns over the outlook for interest rates. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to follow the latter lead.