Nikkei average closing at the morning session: 38,117.44 yen, down 93.57 yen from the previous day.
The Nikkei Stock Average closed at 38,117.44 yen, down 93.57 yen from the previous day's close. In the Tokyo foreign exchange market, the dollar-yen is currently around 145.56 yen as of 11:30 AM.
Futu Morning Post | Crazy bargain hunting? Goldman Sachs: Hedge funds are heavily buying American stocks; U.S. stocks stabilize and rebound! Nearly 80% of stocks on S&P 500 rose.
Market liquidity is flashing red lights again! The scale of the overnight reverse repurchase agreement of the Federal Reserve has reached a three-year low for several days; Goldman Sachs CEO: The US economy is resilient and the Federal Reserve is unlikely to act prematurely.
Japan's stock market experiences its biggest drop in four years, while the yen's sudden surge becomes the focus of the entire market. Will it reach the new target of 140?
On Thursday, the yen against the US dollar once broke through the 149 mark and rose to the highest level since March. Japan's TOPIX index fell 3.9% at one point, marking the biggest intraday decline since April 2020. Due to the expectations of a narrowing interest rate differential between the United States and Japan, many institutions such as Amundi and T. Rowe Price predict that the yen may rise to 140 against the dollar.
Uncertainty arises in the election again! Which industries have the potential to win between "Harris trade" and "Trump trade"?
Wall Street tycoons have started actively preparing for the possible 'Harris trade'.
Opinion | The market is moving forward amidst hesitation, and Hong Kong stocks are moving towards a bull market
The reason is also very simple: believe in common sense and believe in a return to the mean.
Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report