Japan's Nikkei 225 has seen strong gains this year, rising more than 11% since the start of 2020.
The recent bounce in Japanese stocks has in part been bolstered by positive momentum on the coronavirus vaccine front. But Nikko Asset Management's John Vail said the Japanese benchmark index is set to trade even higher going into 2021, as stocks in the world's third largest economy are "sort of firing on all cylinders."
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