Japan’s Nikkei index achieved gains on Friday, supported by the cessation of the yen’s rise, which was affecting the earnings expectations of exporting companies. The Nikkei ended Friday’s session up 0.87 percent to 32,970.55, recording a weekly gain of 2.05 percent, ending a series of losses for two consecutive weeks. …
Read More »Japan’s Nikkei declines following Fed decision
The Japanese Nikkei stock index concluded a three-day winning streak on Thursday, December 14, with declines in auto and bank stocks following the US Federal Reserve’s signal of an end to the monetary policy tightening cycle. The US Federal Reserve’s decision strengthened the yen and led to a significant drop …
Read More »Japan’s Nikkei closed higher, supported by chip-related stocks
On Wednesday, Japan’s Nikkei average experienced its third consecutive session of gains, buoyed by the positive performance of chip-related companies like Advantest, following the upward movement on Wall Street the previous night. The Nikkei index increased by 0.25 percent, closing at 32,926.35 points, while the broader Topix index rose by …
Read More »The Nikkei index trims its gains as interest rate hike expectations in Japan fade
Japan’s Nikkei index posted modest gains on Tuesday as expectations faded for an imminent move by the Bank of Japan at its policy meeting scheduled for next week. The Nikkei ended trading on Tuesday, up 0.16 percent at 32,843.70 points, recording gains for the second day in a row. The …
Read More »Japan’s Nikkei index recovers from its lowest level in a month
Japan’s Nikkei index recovered on Monday from its lowest levels in a month recorded last week, supported by the yen’s decline from a four-month peak and Wall Street rising on increasing bets on the US economy reaching safety. The Nikkei index ended Monday’s trading up 1.5 percent at 32,791.80 points …
Read More »Japan’s Nikkei records its largest weekly losses since mid-September
The Japanese Nikkei index fell at the end of the trading session on Friday, December 8th, and recorded its largest weekly losses since mid-September. At the end of the session, the Nikkei index fell by about 1.68% to 32,307 points, recording weekly losses of 3.36%, but it is still up …
Read More »EUR/GBP exhibits mixed performance amid Eurozone GDP miss
The EUR/GBP pair has drawn tight as both currencies mix on Thursday. The Euro remains steeply off of recent highs against the Pound Sterling. The Euro is lacking momentum after a miss on Eurozone GDP.The EUR/GBP has been trading in a tight range through the week just above 0.8550 after …
Read More »Nikkei declines, tracking Wall Street as US jobs data awaits
Japan’s Nikkei index fell sharply on Thursday after Wall Street fell overnight ahead of the release of key jobs data that would provide clues on how quickly the Federal Reserve (US central bank) might start cutting interest rates. The Nikkei Nikkei fell 1.76 percent to 32,858.31 points at close, with …
Read More »EUR/USD dives amidst broad US dollar’s momentum
The market is heavily heading towards safe havens, and the EUR/USD pair has broken through the 1.0800 handle. The Euro is expected to fall against the US dollar for a fifth day in a row. Even better-than-expected Eurozone economic data was easily ignored by most market players.With the Euro falling …
Read More »Nikkei records its largest daily loss in about 6 weeks
Japan’s Nikkei index recorded its biggest daily decline in about six weeks on Tuesday, as rising US Treasury yields led to heavy selling in shares of Advantest and other chip-related companies. The Nikkei fell 1.37 percent to close at 32,775.82 points on Tuesday, the largest daily decline since October 26. …
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