{"id":88190,"date":"2023-08-21T12:02:00","date_gmt":"2023-08-21T08:02:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=88190"},"modified":"2023-08-22T10:07:03","modified_gmt":"2023-08-22T06:07:03","slug":"the-japanese-nikkei-index-rises-and-ends-a-3-day-losing-streak","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-japanese-nikkei-index-rises-and-ends-a-3-day-losing-streak\/08\/21\/market-updates\/","title":{"rendered":"The Japanese Nikkei index rises and ends a 3-day losing streak"},"content":{"rendered":"\n<p>Japan&#8217;s Nikkei closed higher on Monday as investors tread carefully after last week&#8217;s huge losses and weather disappointment over China&#8217;s small interest rate cut.<\/p>\n\n\n\n<p>The Nikkei ended trading up 0.37 percent at 31,565.64 points on Monday, ending a three-day losing streak.<\/p>\n\n\n\n<p>The index fell 3.15 percent last week, its worst weekly performance this year. However, the index has risen nearly 21 percent this year, becoming the best performer in Asia.<\/p>\n\n\n\n<p>The index fell briefly on Monday after China&#8217;s central bank cut its one-year lending rate by 10 basis points and left the five-year interest rate unchanged, surprising analysts who had expected a 15-basis-point cut for both.<\/p>\n\n\n\n<p>The broader Topix index rose 0.17 percent, at 2,241.10 points.<\/p>\n\n\n\n<p>Gainers were led by Tokyo Electric Power Co, which rose 4 percent, making the utilities sector the second best performer on the Nikkei.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s Nikkei closed higher on Monday as investors tread carefully after last week&#8217;s huge losses and weather disappointment over China&#8217;s small interest rate cut. The Nikkei ended trading up 0.37 percent at 31,565.64 points on Monday, ending a three-day losing streak. The index fell 3.15 percent last week, its worst weekly performance this year. However, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":57860,"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":[6827,36],"tags":[8230,8108,7187],"class_list":["post-88190","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-market-updates","tag-asian-financial-crisis","tag-south-korea","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88190","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=88190"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88190\/revisions"}],"predecessor-version":[{"id":88191,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88190\/revisions\/88191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/57860"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=88190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=88190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=88190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}