Nikkei climbs 1% on weaker yen, positive GDP print [CNBC]
Churchill Capital Corp V Class A (CCV)
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Source: CNBC
Toshifumi Kitamura | AFP | Getty Images The Japanese benchmark index jumped on Monday, likely boosted by the weaker yen and better-than-expected Japan GDP print. The Nikkei 225 opened up 0.98 percent, following the release of Japan's third-quarter gross domestic product, which showed the economy grew 2.2 percent year-on-year, beating a Reuters poll estimate of 0.9 percent. The yen remained weak against the dollar early in Asia, fetching 106.87 a dollar as of 8:11 am HK/SIN, compared to levels around 104 seen on election day in the U.S. In Australia, the benchmark ASX 200 was down 0.74 percent in early trade, weighed by its financials subindex, which was down 1.08 percent. Australia's major banks Westpac and ANZ fell 3.42 percent and 2.05 percent respectively, as they traded ex-dividend. South Korea's Kospi was up 0.1 percent in early trade, amid a growing political crisis which saw hundred of thousands of demonstra
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