Japan’s Nikkei index shot up by two percent today following mild criticism from G20 finance ministers over the recent feebleness of the yen. The posture at a gathering in Moscow is a helping hand to Prime Minister Shinzo Abe who looks to strengthen Japan’s ailing exports. Nevertheless, the incentive for the FTSE 100 was missing and the index subsequently dropped 6.4 points lower to 6322 in a session where trading volumes are projected to be wiry due to a public holiday in the US.

Currency policy grabbed the limelight during the weekend summit in Moscow where ministers and central bankers from the globe’s 20 largest advanced and developing economies. Japan’s currency was of specific concern since Abe has frequently stated that he desires a cheaper yen to increase Japanese manufacturers’ competitiveness. Japanese exporters have long been dissatisfied with the yen’s expensiveness due to its reputation as a sanctuary for global investors.