【Daily review of Japanese stocks】No Japanese companies on the US control list! Nikkei 225 surged crazily, but too many uncertainties from Trump.
FX168 Financial News Agency (Asia Pacific) News: Boosted by a strong overnight closing on Wall Street, the Japan nikkei index surged significantly on Tuesday (December 3), led by major chip stocks, and closed at its highest level in three weeks.
The hidden hand behind the global stock market crash is making a comeback!
The bet on shorting the Japanese yen increased to $13.5 billion in November, once again reviving the yen carry trade that once shook the global market.
The Bank of Japan may raise interest rates in December, repeating the first tightening cycle three times within the same year since the bursting of the bubble.
japan's central bank governor Kuroda Kuroda, at a critical moment before the December 19 policy decision, is carefully weighing various data, intending to make a wise choice at the last minute.
Having once overturned the global market, yen arbitrage trades are making a comeback.
According to analysis of data from the Japan Financial Futures Association, Tokyo Financial Exchange, and the Commodity Futures Trading Commission of the USA, the short positions in yen held by Japanese retail investors as well as overseas leveraged funds and asset management companies are estimated to have increased to 13.5 billion USD in November, up from 9.74 billion USD in October.
Decision analysis: Trump issues another warning on tariffs, with major events happening in Europe and the US this week.
Asian stock markets rose on Monday, December 2nd, boosted by the record high closure of the US stock market. The US dollar rebounded from multi-week lows against the Japanese yen and British pound, with this week's non-farm payroll report crucial for the outlook of US interest rates.
【Japanese Stock Market Review】Market suddenly received a major bullish news! Nikkei 225 surged straight up, stimulated by Trump impacting the US Dollar.
On Monday (December 2), the japanese stock market closed higher, with financial stocks rising, as the market bets that the Bank of Japan may soon raise interest rates, while expectations that the Japanese government pension investment fund (GPIF) will increase its holdings of stocks also boosted market sentiment.