The Nikkei 225 Index climbed 1.3% toward 39,000, while the broader Topix Index rose 0.9% to 2,690 on Wednesday, extending gains from the previous session and mirroring the rally on Wall Street.
Investors are closely monitoring the US presidential election, with early results showing Donald Trump holding a strong lead with 95 electoral votes, while Kamala Harris has secured 35 electoral votes so far. On the domestic front, a private survey revealed that sentiment among Japanese manufacturers weakened in November, driven by concerns over softening Chinese demand and ongoing inflationary pressures.
Investors are now awaiting the Bank of Japan's minutes from its latest policy meeting for guidance on the potential for further rate hikes. Technology stocks led the market advance, with notable gains from Disco, Advantest, and Tokyo Electron. Heavyweight financial, consumer, and industrial stocks also saw positive movement.
Source : Trading Economics
The Nikkei Stock Average falls 0.8% to 47885.32 in early trade, tracking Wall Street's declines overnight. The main theme has been risk-off, Commerzbank Research analysts say in a research report. Inv...
The Nikkei 225 Index rose 1.27% to close at 48,278 while the broader Topix Index added 0.62% to 3,203 on Thursday, extending gains from the previous session as investors navigated political uncertaint...
Japanese stocks rallied on Thursday (October 16th), driven by easing political uncertainty and positive sentiment in the technology sector. The Nikkei index rose 1.3% to 48,277.74, while the Topix ind...
Japan's Nikkei stock index rose 0.7% to 47,997.81 at the start of trading on Thursday. This increase followed the gains seen in most US stock markets overnight. Positive sentiment on Wall Street provi...
The Nikkei rose at the close on Wednesday (October 15th), led by the property, banking, and textile sectors. Sentiment improved as the market read the Fed's increasingly dovish signals—balance sheet r...
Hong Kong stocks continued to weaken. The Hang Seng Index fell 1.3% to 25,555.02 at 10:14 a.m. local time, widening its weekly loss to 2.8%. Hang Seng Tech also fell 2.3%. The biggest pressure came from large caps: BYD Electronics -5.2%, SMIC...
Silver traded at $53,806/oz in Asia, remaining near its latest record. Safe-haven flows remained strong due to US-China tensions and macroeconomic uncertainty, while bets on a Fed rate cut held down yields and the US dollar—a combination that...
Asian stocks slipped at the open on Friday after risk sentiment faded on Wall Street, following news of bad debts at two US banks that heightened credit market concerns. US index futures also indicated further weakness. Japan, Australia, and South...
Fed Chairman Jerome Powell hinted that the central bank may stop shrinking its balance sheet in the coming months.
The Fed chairman also indicated...
Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed's next meeting with the economy enjoying...
U.S. President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October, U.S. Treasury Secretary Scott Bessent...
Asian stock markets opened higher on Thursday morning (October 16th), following a positive close on Wall Street despite volatile trading. Stocks in...