{"id":86446,"date":"2023-07-12T15:00:51","date_gmt":"2023-07-12T11:00:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=86446"},"modified":"2023-07-12T15:00:52","modified_gmt":"2023-07-12T11:00:52","slug":"nikkei-records-its-lowest-level-in-a-month-affected-by-the-rise-of-the-yen","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-records-its-lowest-level-in-a-month-affected-by-the-rise-of-the-yen\/07\/12\/market-updates\/","title":{"rendered":"Nikkei records its lowest level in a month affected by the rise of the yen"},"content":{"rendered":"\n<p>Japanese stocks recorded the worst performance among Asian markets on Wednesday, July 12, with the Nikkei index falling to its lowest level in a month, as the yen&#8217;s rise curbed a rally in the market, but the possibility of listing a unit of the SoftBank Group limited losses.<\/p>\n\n\n\n<p>The Nikkei fell 1.3% to 31,791.71 points in morning trading, before recouping some of its losses and closing down 0.8% at 31,943.93 points. The broader Topix index lost 0.7% to close at 2221.48 points.<\/p>\n\n\n\n<p>The yen and stocks usually move in opposite directions, as the currency&#8217;s rise affects the ability of export companies to compete and raises the price of stocks for foreign investors.<\/p>\n\n\n\n<p>The yen rose about 0.6% to 139.50 against the dollar.<\/p>\n\n\n\n<p>The Nikkei has lost more than 5% since hitting a three-decade high last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese stocks recorded the worst performance among Asian markets on Wednesday, July 12, with the Nikkei index falling to its lowest level in a month, as the yen&#8217;s rise curbed a rally in the market, but the possibility of listing a unit of the SoftBank Group limited losses. The Nikkei fell 1.3% to 31,791.71 points &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52018,"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":[36],"tags":[8230,8108,7187],"class_list":["post-86446","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-asian-financial-crisis","tag-south-korea","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86446","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=86446"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86446\/revisions"}],"predecessor-version":[{"id":86447,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86446\/revisions\/86447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52018"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=86446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=86446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=86446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}