The Nikkei index has the potential to rise in today's trading after Wall Street rallied overnight. Nikkei futures on the SGX rose around 0.6% to 49,590, signaling a fairly positive start. On Tuesday, the Nikkei closed nearly flat at 49,303.45, so the market is still waiting for a new trigger for a clearer move.
On the foreign exchange market, the USD/JPY pair was at 155.83, slightly higher than the Tokyo stock market's closing position on Tuesday of 155.78. This slight weakening of the yen against the dollar typically benefits Japanese exporters, as their dollar earnings appear higher when converted to yen. This could be a factor supporting the Nikkei's movement today.
Looking ahead, market participants' attention will be focused on Japanese economic data due to be released soon. This data is crucial for assessing the likelihood of a Bank of Japan (BoJ) interest rate hike later this month. In addition, investors are also monitoring developments in Prime Minister Sanae Takaichi's economic plans. If there are clear, pro-growth policy signals, sentiment toward the Japanese stock market could strengthen and provide an additional boost to the Nikkei. (asd)
Source: Bloomberg.com
Japanese stocks closed slightly lower on Wednesday, with the Nikkei 225 index down 0.1%, or 52.30 points, to 50,602.80. This weakening occurred ahead of the Fed's important decision, while the yen had...
The Nikkei 225 index closed slightly higher by 0.1% at 50,635 on Tuesday, while the Topix index rose a very slight 0.02% to 3,385, after opening lower. The market managed to reverse initial losses tha...
Japanese stocks rallied in recent trading, led by the machinery and electronics sector, which benefited from a weaker yen. Kawasaki Heavy Industries shares rose around 3.4%, while Tokyo Electron Ltd. ...
The Nikkei 225 index rose around 0.27% to 50,582, while the Topix index strengthened 0.65% to 3,384 in Monday trading. These gains helped recoup some of the previous session's losses, driven by positi...
The Japanese stock market opened lower at the start of trading after disappointing economic growth data showed results. Japan's gross domestic product (GDP) fell 0.6% in the July-September quarter com...
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk taking across regional markets. The STOXX 50 fell 0.3%, while the STOXX 600 was little changed,...
Gold (XAU/USD) holds firm on Wednesday, with price action contained inside the recent consolidation zone as markets brace for the Federal Reserve's (Fed) interest rate decision. At the time of writing, XAU/USD is hovering near $4,204, down from the...
Compensation costs for civilian workers in the United States increased 0.8% in the third quarter of 2025, slowing from a 0.9% increase in the previous period, slightly below market expectations of 0.9%. Wages and salaries increased 0.8%, down from...
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the U.S. Bureau of Labor Statistics. Due to the prolonged...
The latest survey data from the US Bureau of Labor Statistics has reported an increase in JOLTs Job Openings, a key indicator of the health of the...
Asian stock markets started the week cautiously. The MSCI Asia Index fell slightly by 0.1%, in line with weakening US index futures. Australia also...
European stocks weakened at the opening bell on Monday (December 8th) as global investors focused on this week's US Federal Reserve monetary policy...