Nikkei, one of the most popular companies out of Japan, has closed out on Tuesday with it’s worst closing since 8 months ago. In Tuesday, its average went down to 0.4 percent. According to analysts, one unlikely factor behind this is the fact that the yen has been gaining strongly against the dollar as the economic situation is not improving as much as it needs to.

There is still hope for Nikkei though, as it is almost certain that the Japanese government will intervene with the value of the Yen. In fact, the Prime Minister of Japan, Naoto Kan, and the Governor of the Bank of Japan, Masaaki Shirakawa, will meet around next Monday to discuss the possibility of the dollar/yen rising a little bit higher.

However, it still depends on what will happen to the market. If things go well for Japan, perhaps the meeting will be pushed even further into the week. Nikkei’s move downwards has stopped at 9,100, and it has stopped at this not so comfortable 9,000 mark since May.

On the other hand, many experts think that this mark may be broken especially if the dollar continues to lowers against the Yen. Furthermore, the economic data coming out from the United States indicate that indeed, this pattern will go on.