Nikkei hits one-month high as speculators bet on BOJ helicopter ride
* Nikkei up on renewed expectations of Abe stimulus
* Bernanke's Tokyo visit spurs talk of "helicopter money"
* Cyclical shares gain; yen benefits exporters
TOKYO, July 13 (Reuters) - Japan's Nikkei share average rose to a more than a one-month high on Wednesday as speculators placed new bets on Prime Minister Shinzo Abe launching an aggressive policy mix of monetary and fiscal easing after his election victory.
The Nikkei gained 1.0 percent to 16,444.25 in morning trade, bringing its gains since Abe's election victory on Sunday to 7.5 percent. Its 2.2 percent rise on Wednesday took it to the highest level in more than a month.
While sentiment was helped by a rally in U.S. stocks to record highs following last week's strong jobs data, there were fresh bets that Abe would launch a new campaign to reboot an economy that is threatening to slip back into deflation.
On Tuesday, just a day after Abe ordered a new stimulus package, he met former U.S. Federal Reserve Chairman Ben Bernanke, known as a proponent of monetary stimulus including "helicopter money" policies - printing money and handing it directly to consumers to stimulate the economy.
"We suspect that helicopter money was the topic to be discussed," said William De Vijlder, group chief economist at BNP Paribas, visiting Tokyo from Paris.
Such speculation helped drive the yen down to a three-week low of almost 105 to the dollar - boosting exporters' shares. Continuación...