|Day's range||21,317.85 - 21,443.08|
|52-week range||18,948.58 - 24,448.07|
Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. "The upper house election this weekend ended with a ruling bloc victory with a majority of seats... in line with expectations, and its impact on the stock market will be neutral," Okasan Online Securities said in a commentary. "As corporate earnings season starts this week... investors' eyes will shift away from expectations for excessive money flows to negative factors such as the worsening of corporate performances," it said.
Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei ...
It’s hard not to focus on the communication faux-pas from the New York Fed, but it seems too important to avoid. I flagged NY Fed president, John Williams, speech in yesterday’s ‘Daily Fix’ as a potential volatility event, suggesting the risk of guiding the market to 50bp was a low probability; but it was a risk.
Mukhriz Mahathir, son of the current prime minister of Malaysia, says he is prepared to follow in his father’s footsteps after the world’s oldest leader hands over the premiership to Anwar Ibrahim, his former longtime political foe and now ally. Mahathir Mohamad, who turned 94 on July 10, is facing rising pressure to pass the baton to Mr Anwar, as agreed by the ruling coalition parties before the country’s general election in May 2018. Mukhriz is the prime minister’s fifth child and only political heir.
Global equities firm as rate cut hopes are stoked but traders are cautioned not to expect too much from the FOMC.
Tokyo's benchmark Nikkei index gained two percent on Friday, recouping some of the previous day's sharp losses triggered by the yen's appreciation. The Nikkei 225 index jumped 2.0 percent, or 420.75 points, to end at 21,466.99. "Tokyo stocks steadily grew on the back of the gains on US shares and also as the appreciation of the yen took a breather," Okasan Online chief strategist Yoshihiro Ito said in a note.
The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world's oil is shipped through. Stock markets were largely stable as investors monitor earnings and the ongoing trade talks between China and the U.S. Energy prices were ratcheted higher after U.S. President Donald said a U.S. warship had downed an Iranian drone that had been threatening.
The Trade war, Brexit and economic data keep the majors in the spotlight through the day. There’s also the earnings calendar to consider…
Tokyo stocks opened higher on Friday, recouping some of their sharp losses the previous day, after a solid performance on Wall Street. "Rebounds from excessive selling (on Thursday) are expected after US stocks stabilised," Okasan Online chief strategist Yoshihiro Ito said in a note. Despite lingering disquiet about the US-China trade war, Wall Street rose barely out of the red on Thursday on hopes for lower interest rates in the United States.
A gauge of global stocks declined after early gains dissipated on Friday as expectations for a strongly dovish U.S. Federal Reserve at its next meeting were dialled back, pushing the dollar higher. On Wall Street, a climb in major indexes fizzled late in the session after the Wall Street Journal reported the Fed is likely to cut rates by 25 basis points when it meets later this month, after comments by a Fed official on Thursday raised expectations a larger cut may be on the cards.
Stocks in major Asia Pacific markets made strong gains on Friday, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy more than expected.
The pace of companies moving production out of China is accelerating, according to the Nikkei Asian review.
Tokyo's benchmark Nikkei index lost nearly two percent on Thursday, extending falls in New York as the yen edged higher, weighing on exporters. The Nikkei 225 index fell 1.97 percent, or 422.94 points, ...
Global stock markets mostly fell on Thursday after U.S. President Donald Trump said he could impose more tariffs on Chinese goods and Japan's exports tumbled. Benchmarks in London, Frankfurt, Shanghai and Tokyo all declined, as did Wall Street futures. Trump alarmed investors by saying he had $325 billion of Chinese imports available for additional tariffs "if we want." That shook markets that had been reassured by Trump's June agreement with Chinese President Xi Jinping to resume trade negotiations.
European stocks pared early losses on Thursday afternoon, as investors digested fresh corporate results and kept an eye on global trade developments.
Tokyo stocks opened lower on Thursday, extending falls in New York as the yen edged higher against the dollar, weighing on exporters. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points ...
A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for a rate cut, while oil prices dropped on forecasts of rising output. In a speech read as a strong argument in favour of quick and aggressive action by the Fed to cut rates this month, New York Fed President John Williams said policymakers need to add stimulus early to deal with too-low inflation when rates are near zero. "In all the Fed speak we’ve had... it seems like the ones that are more interested in cutting are more visible," said Thomas Martin, senior portfolio manager at Globalt Investments in Atlanta, Georgia.
Stocks in Japan were the biggest losers among major markets in the region on Thursday, with the other Asian bourses following suit, amid a renewed threat to trade.
FT subscribers can click here to receive Moral Money every Wednesday by email. Welcome to Moral Money! This week the head of the UK central bank warned that regulation looms for environmental, social ...
It’s been more than two weeks since U.S. President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks between the two economic powerhouses. However, conditions haven’t improved much.
Global shares drifted lower Wednesday as investors await another batch of corporate earnings following Tuesday's mostly disappointing results, which put an end to Wall Street's five-day winning streak. Wall Street is forecasting a 2.6% drop in profit for S&P 500 companies. Netflix and Bank of America will be the most-watched results Wednesday, after a rough day for the technology and banking sectors on Tuesday.
Tokyo stocks closed lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks receded after recent comments from both sides. The benchmark Nikkei 225 index lost 0.31 percent, or 66.07 points, to close at 21,469.18, while the broader Topix index inched down 0.08 percent, or 1.33 points, at 1,567.41. "The Nikkei index fell as the prolonged US-China trade talks and losses on overseas shares weighed on the market," Okasan Online Securities said in a commentary.