Japanese stocks ended lower as concerns about borrowing costs mounted. Chip and auto stocks led the declines. Advantest dropped 9.2% and Honda Motor dropped 3.2%. Government bond yields rose across the curve to their highest in more than a decade as a Bank of Japan deputy governor said the central bank will discuss the possibility of raising interest rates next week.
The two-year JGB yield rose 3.5 basis points to 0.680%, the highest since October 2008. The 10-year yield rose 4.5 basis points to 1.240%. The Nikkei Stock Average fell 1.8% to 38,474.30. Investors are focused on any developments in U.S.-China trade relations. USD/JPY was at 157.62, compared with 157.48 at 5 p.m. Eastern Monday.
Source: Bloomberg
Japan stocks were higher after the close on Monday, as gains in the Real Estate, Banking and Textile sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.62% to hit a new all time...
Japanese stocks rose after Prime Minister Shigeru Ishiba announced his plans to step down, fueling hopes of new catalysts such as a government spending boost. The Topix index rose 1.1% to 3,138.20—a n...
The Nikkei 225 Index climbed 1.1% to above 43,500 while the broader Topix Index gained 0.7% to 3,127 on Monday, with Japanese shares edging closer to record highs after Prime Minister Shigeru Ishiba a...
The Nikkei 225 jumped 1.2% to around 43,100 and the Topix gained 0.8% to 3,105 on Friday, with Japanese equities rising for a second session after US President Donald Trump signed an executive order c...
The Nikkei 225 Index rose 1.53% to close at 42,580 while the broader Topix Index added 1.03% to 3,080 on Thursday, rebounding from the previous session's decline and tracking a tech-led rally on Wall ...
The US dollar traded lower against the Swiss franc for the second consecutive day on Monday (September 8). A weak payrolls report released on Friday continued to weigh on the US dollar, as investors increased their bets on a Federal Reserve...
Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday, triggering local power outages and gas outages. The attack came a day after Moscow's largest airstrike in...
Oil prices rose more than $1 on Monday (September 8), recovering some of last week's losses, after an OPEC+ production increase appeared to moderate and amid concerns over possible further sanctions on Russian crude. OPEC+ signaled plans to...
US stocks rallied on Friday (September 5th), with the S&P 500 rising 0.4% and the Nasdaq gaining 0.6% to new record highs, while the Dow Jones...
European stocks closed on Friday, tracking the pullback in US equities after pessimistic labor data from the US sounded alarms over the world's...
The U.S. economy added fewer jobs than anticipated in August, possibly bolstering the case for the Federal Reserve to slash interest rates at its...
US stocks closed lower on Friday after weaker-than-expected August jobs data raised concerns about a slowing economy, even as expectations for...