{"id":38265,"date":"2020-12-08T13:12:54","date_gmt":"2020-12-08T09:12:54","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=38265"},"modified":"2020-12-08T13:13:04","modified_gmt":"2020-12-08T09:13:04","slug":"japan-stocks-declining-for-the-third-day-all-eyes-on-the-us-stimulus-debate","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/japan-stocks-declining-for-the-third-day-all-eyes-on-the-us-stimulus-debate\/12\/08\/market-updates\/","title":{"rendered":"Japan Stocks Declining for The Third Day, All Eyes on the US Stimulus Debate"},"content":{"rendered":"\n<p>Japanese stocks fell for the third session in a row on Tuesday, 8 December, as a month-long rally was exhausted, as investors awaited the decision of US lawmakers on a new package to mitigate the repercussions of the Covid-19 pandemic.<\/p>\n\n\n\n<p>The Nikkei index declined by 0.3% to close at 26,467.08 points. The broader Topix index fell 0.11% to 1,758.81 points, after touching its lowest level since November 20 earlier in the session.<\/p>\n\n\n\n<p>The US Congress will vote this week on a one-week temporary funding bill to give lawmakers more time to reach agreement on a package to mitigate the fallout from the coronavirus and a comprehensive spending bill to avoid a government shutdown.<\/p>\n\n\n\n<p>Japanese Prime Minister Yoshihide Suga said Japan will raise a new economic stimulus package worth 73.6 trillion yen, equivalent to $ 708 billion, to accelerate the country&#8217;s recovery from the significant downturn caused by the Corona virus.<\/p>\n\n\n\n<p>The sentiment, in general, remained optimistic as investors expect the global economic recovery to continue, while it appears that vaccines for Covid-19 will soon be distributed and stimulate consumption around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese stocks fell for the third session in a row on Tuesday, 8 December, as a month-long rally was exhausted, as investors awaited the decision of US lawmakers on a new package to mitigate the repercussions of the Covid-19 pandemic. The Nikkei index declined by 0.3% to close at 26,467.08 points. The broader Topix index &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":[6939,6971],"class_list":["post-38265","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38265","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=38265"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38265\/revisions"}],"predecessor-version":[{"id":38266,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38265\/revisions\/38266"}],"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=38265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=38265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=38265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}