{"id":32811,"date":"2020-08-18T13:32:47","date_gmt":"2020-08-18T09:32:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32811"},"modified":"2020-08-18T13:32:49","modified_gmt":"2020-08-18T09:32:49","slug":"nikkei-drops-and-political-uncertainty-discourages-risk","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-drops-and-political-uncertainty-discourages-risk\/08\/18\/market-updates\/","title":{"rendered":"Nikkei Drops And Political Uncertainty Discourages Risk"},"content":{"rendered":"\n<p>The Nikkei benchmark closed lower on Tuesday, August 18th, pulling away from the six-month peak it touched last week, as global political uncertainty led to risk aversion among investors.<\/p>\n\n\n\n<p>Nikkei lost 0.2% to 23,051.08 points, away from Friday\u2019s 23,338 peak, the highest level since late February. The broader TOPIX index closed down 0.06% at 1,610.85 points.<\/p>\n\n\n\n<p>The rise in the yen led to profit-taking in a market capped by already elevated values, escalating tensions between the United States and China and doubts about US fiscal stimulus.<\/p>\n\n\n\n<p>Shares of airlines fell 1.7% after they reported a weakness in passenger traffic during the &#8220;Obon&#8221; holiday earlier this month due to the growing domestic cases of Covid-19 disease.<\/p>\n\n\n\n<p>The banking sector fell 1% with the decline in US bond yields, while export companies were affected by the rise in the yen against the dollar, including car manufacturers, whose shares rose earlier this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nikkei benchmark closed lower on Tuesday, August 18th, pulling away from the six-month peak it touched last week, as global political uncertainty led to risk aversion among investors. Nikkei lost 0.2% to 23,051.08 points, away from Friday\u2019s 23,338 peak, the highest level since late February. The broader TOPIX index closed down 0.06% at 1,610.85 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6849,6939,6971],"class_list":["post-32811","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-asia","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32811"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32811\/revisions"}],"predecessor-version":[{"id":32813,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32811\/revisions\/32813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32812"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}