Tag Archives: interest rate hikes

Japan’s Nikkei index reached an all-time high on Friday, propelled by record gains on Wall Street and a surge in automaker stocks driven by a weakening yen. The Nikkei climbed 0.18 percent to close at 40,888.43, briefly touching 41,087.75 during the session, surpassing its previous peak. This milestone comes as …

The Swiss National Bank (SNB) is anticipated to maintain its current interest rate stance until at least June, aligning with its counterparts such as the European Central Bank and the US Federal Reserve. The SNB may opt to observe its peers’ actions regarding the cessation of monetary tightening before making …

On Monday, Japan’s Nikkei index rallied significantly, buoyed by investor optimism fueled by insights into potential changes in the Bank of Japan’s policy, expected to be unveiled on Tuesday. Key Highlights: Nikkei Performance: The Nikkei surged by 2.67 percent to close at 39,740.44 points, marking its most substantial daily gain …

The Nikkei index in Japan closed higher on Thursday, rebounding from early losses as chip-related heavyweight stocks trimmed declines and energy stocks gained momentum. Market Performance The Nikkei closed up 0.29 percent at 38,807.38 points after enduring three consecutive sessions of losses. The index had initially fallen by as much …

In Wednesday’s trading session, Japan’s Nikkei index extended its losses for the third consecutive day, reflecting investors’ cautious stance as they evaluated the potential implications of the Bank of Japan’s forthcoming monetary policy meeting, on March 18-19. Nikkei’s Decline: The Nikkei index experienced a modest decline of 0.26 percent, closing …

The US Bureau of Labor Statistics (BLS) reported a robust increase in Nonfarm Payrolls (NFP) for February, exceeding market forecasts. However, certain indicators reflected mixed signals, with the Unemployment Rate climbing while wage inflation moderated compared to previous readings. Key Figures In February, Nonfarm Payrolls surged by 275,000, surpassing market …

Japan’s Nikkei index concluded the week on a lower note, experiencing profit-taking activities and heightened speculation surrounding the Bank of Japan’s potential departure from ultra-loose monetary policies, marking its first weekly decline in six weeks. Friday’s Market Performance The Nikkei index managed to close slightly higher on Friday, edging up …

Japanese indices experienced a decline in trading on Thursday, March 7, driven by a downturn in chip-related stocks and a strengthening yen. The Nikkei index closed approximately 1.2% lower at 39,598 points, marking its largest decline since January 26, following a record high of 40,472 points, mirroring gains seen on …

During Asian trading on Thursday, the Japanese yen advanced against its American counterpart, bolstered by increasing expectations of the Bank of Japan’s (BOJ) departure from negative interest rates later this month. Consequently, the dollar/yen pair depreciated – at the time of reporting – to 148.09 from 149.34, with the pair’s …

Private sector employment in the US increased by 140,000 in February, according to the Automatic Data Processing (ADP) report released on Wednesday. This figure represented a rise from the revised January number of 111,000 (previously reported as 107,000), but fell short of market expectations, which had anticipated a gain of …