{"id":79040,"date":"2023-01-26T13:11:30","date_gmt":"2023-01-26T09:11:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=79040"},"modified":"2023-01-26T13:11:32","modified_gmt":"2023-01-26T09:11:32","slug":"nikkei-snaps-a-winning-streak-ahead-of-us-gdp-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-snaps-a-winning-streak-ahead-of-us-gdp-data\/01\/26\/market-updates\/","title":{"rendered":"Nikkei snaps a winning streak ahead of US GDP data"},"content":{"rendered":"\n<p>Japan&#8217;s Nikkei index snapped a four-session winning streak on Thursday, with shipping companies leading the decline, as investors around the world await US economic data that could influence the path of the Federal Reserve&#8217;s interest rate hike.<\/p>\n\n\n\n<p>The Nikkei index closed down 0.12 percent at 27,362.75, after rising 0.4 percent earlier in the session. The broader Topix index fell 0.12 percent to 1978.40.<\/p>\n\n\n\n<p>The Standard &amp; Poor&#8217;s 500 closed lower on Wednesday after a series of disappointing corporate earnings fueled concerns about the economic impact of the Federal Reserve&#8217;s monetary tightening.<\/p>\n\n\n\n<p>Investors are now awaiting US Q4 GDP data due at 1330 GMT, which may determine the direction of the Fed&#8217;s upcoming policy meeting.<\/p>\n\n\n\n<p>In Japan, chip maker Tokyo Electron and Advantest fell 1.81 percent and 2.24 percent, respectively.<\/p>\n\n\n\n<p>Air-conditioning maker Daikin Industries fell 1.83 percent and Sony Audio Equipment Manufacturing Group fell 1.29 percent.<\/p>\n\n\n\n<p>While the real estate sector rose 1.11 percent, recording the best performance among the 33 sub-index of the industry on the Tokyo Stock Exchange. However, shipping companies fell 2.82 percent, the worst performer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s Nikkei index snapped a four-session winning streak on Thursday, with shipping companies leading the decline, as investors around the world await US economic data that could influence the path of the Federal Reserve&#8217;s interest rate hike. The Nikkei index closed down 0.12 percent at 27,362.75, after rising 0.4 percent earlier in the session. The &hellip;<\/p>\n","protected":false},"author":9,"featured_media":78660,"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":[7211,6877,6928,6882],"class_list":["post-79040","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79040","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=79040"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79040\/revisions"}],"predecessor-version":[{"id":79041,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79040\/revisions\/79041"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/78660"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=79040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=79040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=79040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}