Japanese stocks closed sharply lower on Monday after China’s cut in its lending rate failed to lift investor sentiment while the spread of the mutated omicron from the coronavirus continues to raise fears of an economic slowdown around the world. The Nikkei average fell 2.13 percent to close at 27,937.81 …
Read More »Japan Shares Slide on Interest Rate Hike Fears
Japanese stocks fell on Friday, reversing most of the gains made in the previous session, as investors became cautious about an interest rate hike after the US and UK central banks took steps to tighten monetary policy, while concerns related to the pivot Omicron weighed on travel-related stocks. The Nikkei …
Read More »Nikkei Records Its Biggest Gain in 7 Weeks After The US Federal Reserve Meeting
The Nikkei index jumped Thursday, December 16, to record its largest gain in nearly seven weeks, after the US Federal Reserve’s decision to end pandemic-period bond purchases came in line with investor expectations. The Nikkei rose 2.13% to 2,9066.32 points, the largest increase since the first of November, while the …
Read More »Japan’s Nikkei Settled Ahead of Fed
The Japanese Nikkei index ended Wednesday’s session, December 15th, in cautious trading ahead of the US Federal Reserve’s decision, which is expected to be decisive on monetary policy, as it is expected to tend to reduce asset purchases at a faster pace. Investors expect the US Federal Open Market Committee …
Read More »Japan Shares Rise as Wall Street Rises
Japanese stocks closed higher on Monday, following in the footsteps of US stocks, and technology shares led the gains as investors looked confident in the economic recovery in a week of central bank meetings. The Nikkei index rose 0.71 percent to 28,640.49 points, its first gain in three sessions, when …
Read More »Japan’s Economy Shrank 3.6% Yoy in Q3
The Japanese economy contracted in the third quarter of 2021 by 3.6% on an annual basis and 0.9% on a quarterly basis, due to a decline in per capita consumption, which constitutes one of the basics of the equation for calculating the GDP of countries. This per capita consumption decreased …
Read More »Japan Shares Extend Gains as Omicron Fears Recede
Japanese stocks jumped on Wednesday as investors raised hopes that the impact of the omicron on the global economy will be less than initially expected. The Nikkei average rose 1.4 percent to 28,860.62, its highest closing level since November 25. The broader Topix index advanced 0.6 percent to 2002.24 points. …
Read More »Nikkei Makes Biggest Jump in a Month as Omicron Fears Eased
Japan’s Nikkei index posted its biggest gain in more than a month on Tuesday, as concerns about the impact of the mutated Omicron strain of the coronavirus eased, encouraging investors to buy stocks such as SoftBank Group and travel-related shares. The Nikkei average rose 1.89% to 28,455.60 points, its biggest …
Read More »Japan’s Nikkei Reverses Its Trend And Closes Higher
Japan’s Nikkei index reversed course to close higher on Friday, led by travel and leisure stocks, as investors cashed in on battered stocks amid concerns about the impact of the mutated Omicron strain of the coronavirus. The Nikkei rose 1%, the largest percentage increase in three weeks, to close at …
Read More »Japanese Stocks Close Lower on Omicron Fears
Japanese stocks closed lower Thursday, December 2, weighed by concerns about the economic impact of the new mutated Omikorn outbreak of the coronavirus and the Federal Reserve’s shift in monetary policy. The Nikkei index closed down by 0.65%, recording 27753.37 points, falling by 1.04% earlier in the session. The broader …
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