Japan's share benchmark resumes swings after calm day on Wall Street
4 months, 2 weeks ago

Japan's share benchmark resumes swings after calm day on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The interest rate hike, however modest, set in motion a domino effect of selling by traders to adjust to higher costs for carry trades — a favorite trade for hedge funds and other investors — due to higher interest rates and a rise in the value of the Japanese yen against the U.S. dollar. The unwinding of the carry trades plus worries over the outlook for the U.S. economy sent markets tumbling late last week and into Monday's session. The U.S. stock market is also still up a healthy amount for the year so far, and the Federal Reserve says it has ample room to cut interest rates to help the economy if the job market weakens significantly. In the bond market, Treasury yields climbed to claw back some of their sharp drops since April, which were driven by rising expectations for coming cuts to interest rates by the Federal Reserve.

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History of this topic

Wall Street trims its stellar gains as Nvidia’s star dims again
1 week ago

Wall Street trims its stellar gains as Nvidia’s star dims again

LA Times  

A scooter passes the New York Stock Exchange. The Standard & Poor’s 500 slipped 0.4%, though it’s still near its all-time high set earlier this month. It’s the eighth loss in nine days for the stock, which has dropped more than 12% from its record set last month, as its moon shot momentum slows. The survey’s broadest measure of optimism, …

Japan’s Nikkei hits three-week closing high in widespread rally
2 weeks, 6 days ago

Japan’s Nikkei hits three-week closing high in widespread rally

Live Mint  

By Brigid Riley TOKYO, - Japan's Nikkei share average hit a three-week closing high on Tuesday as heavyweight chip stocks led a broad rally on the back of Wall Street's strong overnight finish. The Nasdaq and the S&P 500 indexes scored record closing highs on Monday, boosted by tech-related shares following the market's strong November gains. Japan's major tech shares …

Yen hits six-week high, dollar dips for month-end
Trending News
3 weeks, 3 days ago

Yen hits six-week high, dollar dips for month-end

Live Mint  

By Karen Brettell and Harry Robertson NEW YORK, Nov 29 - The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month. Tokyo's core consumer price index, which excludes volatile fresh food costs, rose 2.2% year-on-year in November from a year earlier, …

Japan’s Nikkei slips on firmer yen amid BOJ rate hike bets; logs worst month since April
3 weeks, 3 days ago

Japan’s Nikkei slips on firmer yen amid BOJ rate hike bets; logs worst month since April

Live Mint  

By Brigid Riley TOKYO, - Japan's Nikkei share average fell on Friday as the yen strengthened on growing expectations of an interest rate hike by the Bank of Japan after hotter-than-expected inflation data. Meanwhile, banks and insurance stocks were boosted by prospects of the rate hike, sending Dai-ichi Life Holdings soaring 3.5% and Chiba Bank rallying 4.2% to land among …

Yen hits 6-week high amid growing BOJ rate hike bets
Trending News
3 weeks, 3 days ago

Yen hits 6-week high amid growing BOJ rate hike bets

Live Mint  

By Kevin Buckland TOKYO, Nov 29 - The yen jumped as much as 1.2% against the U.S. dollar to a six-week high on Friday, after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month. The dollar index, which measures the greenback versus the yen, sterling, euro, and three other rivals, was 0.2% weaker …

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets
Trending News
3 weeks, 4 days ago

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

Live Mint  

By Stella Qiu SYDNEY - Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan. "We note that the acceleration in inflation, combined with the solid recovery in monthly activity, increases the odds of another BoJ …

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
3 weeks, 4 days ago

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

Associated Press  

BANGKOK — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy. Hong Kong’s Hang Seng index lost 1.2% to 19,366.96 and the Shanghai …

Japan’s Nikkei rises as investors step in after two-day drop
3 weeks, 4 days ago

Japan’s Nikkei rises as investors step in after two-day drop

Live Mint  

TOKYO, - Japan's Nikkei share average erased early losses to trade higher on Thursday after two straight sessions of losses made stocks relatively cheaper. Even shares in Toyota rose despite a stronger yen," said Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Intelligence Laboratory. Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading the declines, as …

Japan’s Nikkei ends higher as investors assess positive US data
4 weeks ago

Japan’s Nikkei ends higher as investors assess positive US data

Live Mint  

TOKYO, - Japan's Nikkei share average ended higher on Monday as local investors found comfort from recent U.S. data that signalled strong business activity in the world's largest economy. A measure of U.S. business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's administration next year. …

Japanese shares fall as tech stocks track Nasdaq lower
1 month ago

Japanese shares fall as tech stocks track Nasdaq lower

Live Mint  

TOKYO, - Japanese shares fell on Thursday as technology stocks tracked the Nasdaq's overnight decline, while financial shares rose amid bets for the Bank of Japan's interest rate hike. "Chip-related shares fell to track U.S. equities lower but overall the market struggled to find market-moving cues after Nvidia reported its earnings," said Shingo Ide, chief equity strategist at NLI Research …

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade
Trending News
1 month, 1 week ago

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade

Associated Press  

HONG KONG — Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may mean faster economic growth, as well as bigger U.S. government debt …

Stock market today: Asian shares gain after US Fed cuts interest rates
1 month, 2 weeks ago

Stock market today: Asian shares gain after US Fed cuts interest rates

The Independent  

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Japan Intervened Twice Last Quarter to Bring Yen Below 160
1 month, 2 weeks ago

Japan Intervened Twice Last Quarter to Bring Yen Below 160

Live Mint  

Japan said it stepped into the foreign exchange market twice last quarter, as speculation grows that more moves may be brewing given the recent bout of renewed yen weakness. Before the government took action in July the yen was trading past 160 per dollar, a 38-year low, partly driven by speculators betting on the wide borrowing cost gap between Japan …

Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big Tech
1 month, 3 weeks ago

Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big Tech

The Independent  

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Big Tech Stocks Propel Nikkei to Record High
1 month, 3 weeks ago

Big Tech Stocks Propel Nikkei to Record High

Associated Press  

Japan's Nikkei index gained over 1% after a rally in technology stocks, while Hong Kong's Hang Seng and Shanghai Composite indices fell. In Tokyo, the Nikkei 225 index gained 1.3%, while the Dow Jones Industrial Average fell 0.4%. Mortgage rates have been climbing recently, but the Federal Reserve is now focused on keeping the economy humming rather than getting inflation …

Yen Dip Fuels Asian Market as Japan's Ruling Party Loses Majority
1 month, 3 weeks ago

Yen Dip Fuels Asian Market as Japan's Ruling Party Loses Majority

Associated Press  

Japan's ruling party loses majority in Parliament's lower house, leading to a rise in Asian shares. The yen dips in the midst of political uncertainty, benefiting Japanese exporters like Toyota and Nintendo. The Nikkei 225 and S&P 500 indices rise, while the Dow Jones Industrial Average and Nasdaq composite decline. Company earnings reports are mostly positive, with most companies beating …

Asian stocks are mostly higher, while Japan's Nikkei falls ahead of weekend election
1 month, 4 weeks ago

Asian stocks are mostly higher, while Japan's Nikkei falls ahead of weekend election

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. An optimistic CEO Elon Musk …

Asian stocks are mixed following a quiet day on Wall Street
2 months ago

Asian stocks are mixed following a quiet day on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. U.S. futures and oil prices …

Stock market today: Asian shares are mixed and the yen slips against the dollar
2 months, 2 weeks ago

Stock market today: Asian shares are mixed and the yen slips against the dollar

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The meeting between Ishiba and …

Asian markets mixed, Japanese stocks rally from Monday's slump
2 months, 3 weeks ago

Asian markets mixed, Japanese stocks rally from Monday's slump

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Wall Street has catapulted to …

Japan's central bank survey underpins optimism about growth
2 months, 3 weeks ago

Japan's central bank survey underpins optimism about growth

The Independent  

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ASX hits new record, CBA shares close at record high, Bank of Japan keeps rates on hold — as it happened
3 months ago

ASX hits new record, CBA shares close at record high, Bank of Japan keeps rates on hold — as it happened

ABC  

The Bank of Japan has issued this statement: At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by unanimous vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollaterised overnight call to remain at around 0.25 per cent. On the price front, the …

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting
3 months ago

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting

The Independent  

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Wall Street storms back from an early slide thanks to Nvidia and Big Tech
3 months, 1 week ago

Wall Street storms back from an early slide thanks to Nvidia and Big Tech

LA Times  

The Standard & Poor’s 500 index rallied 1.1% after erasing a morning drop of 1.6%. U.S. stock indexes stormed back from big early drops Wednesday to finish higher, led by a handful of influential Big Tech companies. The Standard & Poor’s 500 rallied 1.1% after erasing a morning drop of 1.6%, one in which almost every stock in the index …

Trading in Asian markets is mixed and muted ahead of a key Fed Chair speech
4 months ago

Trading in Asian markets is mixed and muted ahead of a key Fed Chair speech

The Independent  

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Stock market today: Wall Street slips and breaks an 8-day winning streak
4 months ago

Stock market today: Wall Street slips and breaks an 8-day winning streak

Associated Press  

NEW YORK — U.S. stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year. The chip company is one of Wall Street’s most influential stocks because a frenzy around artificial-intelligence technology has made it one of the U.S. stock market’s most valuable companies at roughly $3 trillion. AP AUDIO: Stock market today: Wall Street hangs …

Wall Street slips, breaking an 8-day winning streak for stocks
4 months ago

Wall Street slips, breaking an 8-day winning streak for stocks

LA Times  

Pedestrians pass the New York Stock Exchange. It is one of Wall Street’s most influential stocks because a frenzy around artificial intelligence technology has made it one of the U.S. stock market’s most valuable companies at roughly $3 trillion. Expectations aren’t that high this time around, with nearly everyone already in agreement the Fed will begin cutting interest rates next …

Yen Rallies Against Dollar, Outstripping Most of Its G-10 Peers
4 months ago

Yen Rallies Against Dollar, Outstripping Most of Its G-10 Peers

Live Mint  

The yen outperformed most of its peers in the Group of 10 Monday, rallying against the dollar in jittery trading ahead of key central bank events later in the week. The rally came amid broad weakness in the dollar, with investors on edge before Bank of Japan Governor Kazuo Ueda appears in parliament on Friday, and Federal Reserve Chair Jerome …

Japan's Nikkei makes a comeback as recession fears ease on US retail sales data
4 months, 1 week ago

Japan's Nikkei makes a comeback as recession fears ease on US retail sales data

Hindustan Times  

Japan's Nikkei share average climbed nearly 3% on Friday and notched its best week in more than four years, as strong U.S. retail sales data soothed fears of a recession in the world's largest economy and Japan's top trading partner. Wall Street's main indexes closed higher on Thursday after U.S. retail sales increased 1% in July following a downwardly revised …

Japan stocks lift Asian market higher after US retail data boost Wall Street
4 months, 1 week ago

Japan stocks lift Asian market higher after US retail data boost Wall Street

The Independent  

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Japan's Nikkei 225 recovers to levels seen before massive August 5 rout
4 months, 1 week ago

Japan's Nikkei 225 recovers to levels seen before massive August 5 rout

Hindustan Times  

Japan’s Nikkei 225 Stock Average recovered back to levels seen before the blue-chip gauge tumbled more than 12% on Aug. 5. The Nikkei 225 advanced 2.7% to 35,961.95 as of 10:00 a.m. in Tokyo, rising after a long weekend as a weaker yen provided support for exporters such as automakers and tech firms. “Investors are buying stocks amid cheaper valuations.” …

The financial markets will disappoint your yen for stability
4 months, 2 weeks ago

The financial markets will disappoint your yen for stability

Live Mint  

As we go to press Thursday financial investors are already choosing to forget the tremors that hit global markets Monday. Then there’s the infamous yen carry trade: the process by which an investor borrows yen at Japan’s ultralow interest rates to invest in a foreign market at a higher interest rate. Globally, net credit in yen extended by a bank …

Japan's Nikkei 225 up 3% after two volatile days, market still ‘nervous’
4 months, 2 weeks ago

Japan's Nikkei 225 up 3% after two volatile days, market still ‘nervous’

Hindustan Times  

Tokyo's benchmark Nikkei 225 index fluctuated wildly in morning trade Wednesday after two highly volatile days that saw global markets whipsaw. An electric stock board displays the closing price of the Nikkei 225 Stock Average at the Tokyo Stock Exchange in Tokyo, Japan. The Nikkei added 2.81 percent, or 975.12 points, to 35,650.58, having swung from a more than two …

Asian stocks rally a day after worst crash since ‘Black Monday’
4 months, 2 weeks ago

Asian stocks rally a day after worst crash since ‘Black Monday’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tokyo stocks surged over 10 …

Japan’s benchmark Nikkei 225 index soars more than 10% after plunging a day earlier
4 months, 2 weeks ago

Japan’s benchmark Nikkei 225 index soars more than 10% after plunging a day earlier

Associated Press  

TOKYO — Japan’s benchmark Nikkei 225 share index soared as much as 10.7% early Tuesday, a day after it plunged the most in 37 years. Officials from Japan’s Finance Ministry, Financial Service Agency and the Bank of Japan met Tuesday to address the recent market gyrations. The government officials and the central bank reconfirmed their agreement to watch internal and …

Tokyo stock crash nightmare: Nikkei 225 index sees largest drop IN HISTORY due to fears of a US recession
4 months, 2 weeks ago

Tokyo stock crash nightmare: Nikkei 225 index sees largest drop IN HISTORY due to fears of a US recession

Daily Mail  

Nikkei has lost $792.32 billion of market value since July 11 - a 27% drop Tokyo's stock market nosedived more than 12 per cent this morning in the latest bout of sell-offs to shake world markets as investors fret over the state of the US economy. The benchmark Nikkei 225 index suffered its largest points drop in history, plunging 12.40%, …

Asia stocks plunge as fears of recession grow
4 months, 2 weeks ago

Asia stocks plunge as fears of recession grow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Stocks fell over seven per cent in morning trade …

Japan Stock market crash: Nikkei 225 index plunges 12.4% as world markets tremble over risks to the US economy
4 months, 2 weeks ago

Japan Stock market crash: Nikkei 225 index plunges 12.4% as world markets tremble over risks to the US economy

The Hindu  

Japan’s benchmark stock index plunged 12.4% on August 5, compounding a global market rout set off by investor concerns that the the U.S. economy could be headed for recession. But after Friday’s jobs report, worries are rising the Fed may have kept its main interest rate at a two-decade high for too long, raising risks of a recession in the …

Japan's Nikkei 225 stock index sinks nearly 13% as investors dump a wide range of shares
4 months, 2 weeks ago

Japan's Nikkei 225 stock index sinks nearly 13% as investors dump a wide range of shares

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Japan’s Nikkei 225 share index …

Japan’s Nikkei 225 stock index plunges 12.4% as investors dump a wide range of shares
4 months, 2 weeks ago

Japan’s Nikkei 225 stock index plunges 12.4% as investors dump a wide range of shares

Associated Press  

TOKYO — Japan’s Nikkei 225 stock index plunged more than 12% on Monday as investors worried that the U.S. economy may be in worse shape than had been expected and dumped a wide range of shares. Analysts said another factor contributing to the falling share prices was carry trades, where investors borrow money from a country with low interest rates …

Japan’s share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street
4 months, 2 weeks ago

Japan’s share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street

Associated Press  

NEW YORK — Japan’s benchmark Nikkei 225 index soared nearly 11% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. The scary Monday started with a plunge abroad reminiscent of 1987 ’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. “Those …

Shares sink in Japan as a tech-driven retreat on Wall St drives selling of chip makers and exporters
4 months, 3 weeks ago

Shares sink in Japan as a tech-driven retreat on Wall St drives selling of chip makers and exporters

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Japan’s benchmark Nikkei 225 index …

Shares sink in Japan as a tech-driven retreat on Wall St drives selling of chip makers and exporters
4 months, 3 weeks ago

Shares sink in Japan as a tech-driven retreat on Wall St drives selling of chip makers and exporters

Associated Press  

TOKYO — Japan’s benchmark Nikkei 225 index sank 5.8% on Friday in what some reports said were the worst single-day loss since Black Monday of 1987. The drop of more than 2,000 points to its close at 35,909.70 left the index near where it was in January, erasing huge gains that had taken the Nikkei index past the 40,000 level …

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen
4 months, 3 weeks ago

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen

Associated Press  

TOKYO — Asian shares traded mixed Thursday as Tokyo’s benchmark plunged as the U.S. dollar sank against the yen. The widespread gains came as Treasury yields eased in the bond market after the Federal Reserve gave the clearest indication yet that it could begin lowering interest rates in September. Fed Chair Jerome Powell said policy makers are “getting closer to …

Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixed
4 months, 4 weeks ago

Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixed

The Independent  

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Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record
5 months, 1 week ago

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record

Associated Press  

Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. The Dow Jones Industrial Average leaped 1.9% to 40,954.48, and the Nasdaq composite lagged with a gain of 0.2% to 18,509.34, as the stars dimmed for some of the year’s …

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
5 months, 1 week ago

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

The Independent  

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Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
5 months, 1 week ago

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

Associated Press  

Asian shares advanced Thursday, tracking a blistering rally on Wall Street, with Japan’s Nikkei 225 index surging over 42,000 for the first time. On Wednesday, the U.S. stock market vaulted to more all-time highs, led by big technology companies whose shares have been soaring thanks to the frenzy over artificial intelligence. AP AUDIO: Stock market today: Wall Street’s record-breaking rally …

Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts
5 months, 2 weeks ago

Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts

Associated Press  

Shares were mixed Wednesday in Asia after remarks by Federal Reserve Chair Jerome Powell in front of Congress did little to change investors’ expectations for the timing of a Fed interest rate cut. In his testimony Tuesday before the Senate Banking Committee, Powell reiterated that inflation has eased notably in the past two years, though it remains above the central …

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