Japan’s economy expanded 1.1% in the second quarter on an annualised basis, falling short of expectations for 2% growth as weaker domestic demand countered robust exports. The figure was compared to the 2.1% in the previous quarter. This marks the inaugural complete quarter reflecting the ramifications of the Iran war, which has resulted in elevated Read More
Japan’s Nikkei share average declined on Tuesday as investors expressed caution regarding potential yen-buying interventions and anticipated Toyota Motor’s quarterly results later in the day. The Nikkei declined by 0.11 percent to 63,684.85 at the midday break, whereas the broader Topix decreased by 0.26 percent to 3,949.90. The Nikkei dropped nearly 1 per cent on Read More
On Tuesday, Japan’s Nikkei share average reached a record high following the Bank of Japan’s anticipated interest rate hike, while indicating no immediate need for additional monetary policy tightening. Japanese government bonds experienced a decline following the decision to increase the key rate by a quarter point to 1%. Meanwhile, the yen remained relatively stable Read More
A yen approaching 160 to the dollar, unprecedented levels in Japanese equities, and rising yields on Japanese government bonds may be forthcoming following Prime Minister Sanae Takaichi’s decisive victory in the recent snap election on Sunday. Takaichi guided the ruling Liberal Democratic Party to a supermajority in the Lower House, achieving 316 seats in the Read More
Global shares experienced a general decline on Monday, with Japan’s benchmark index notably falling as the yen appreciated against the U.S. dollar. In early trading, France’s CAC 40 experienced a decline of nearly 0.2%, settling at 8,127.93, whereas the German DAX saw a modest increase of less than 0.1%, reaching 24,881.34. Britain’s FTSE 100 experienced Read More
