Chris Wealth Management Private Limited’s Post

Japan's Nikkei 225 share index surges to another record high, approaching 42,000 Japan's Nikkei 225 share index closed Wednesday at another record high, gaining 0.6% to end trading at 41,831,99. That followed a record close on Tuesday, as world markets tracked gains on Wall Street. The Nikkei 225 index also hit a record intraday high on Wednesday of 41,889.16 as it bounced throughout the day, at times falling back.

Japan's Nikkei falls for seventh day as yen's rally bites Japan's Nikkei share average declined for the seventh consecutive session on Wednesday, driven by broad losses as the yen strengthened to its highest level against the dollar this year. The Nikkei ended the day down 1.5% at 35,619.77, after dropping more than 2% and approaching Monday's one-month intraday low of 35,247.87. The broader Topix index also fell 1.8%, closing at 2,530.67.

Japanese stocks surged on Monday amid growing expectations for the Bank of Japan to abandon its negative interest rate policy. The Nikkei Stock Average soared by 2.67% to 39,740.44 points, marking the second-largest rise this year. The yen weakened against the U.S. dollar to 149.32. Additionally, Japan's annual wage deal saw its largest increase in over 30 years, indicating progress towards the country's inflation target of 2%. #MarketUpdate #TokyoStockMarket

Japan's Nikkei posts 3-week closing high on Wall Street strength, dovish BOJ Japan's Nikkei share average climbed on Tuesday to a three-week closing high as trading resumed after a long holiday weekend. The increase was fueled by overnight gains on Wall Street and dovish remarks from the Bank of Japan, which boosted investor sentiment. The Nikkei closed up 0.57% at 37,940.59, marking its highest close since September 3. During the session, the index peaked at 38,427.15, surpassing the 38,000 mark for the first time since September 4.

Nikkei plunges by 12.4% as it registers largest-ever point fall [August 5, 2024] The Nikkei drop (down to 31,458.42) exceeds the point fall recorded Oct. 20, 1987, the day after Black Monday in New York. BoJ can play with interest rates. The Yen has strengthen to 142.16 JPY per USD$. We could more or less foresee where the Japanese economy will end-up. If BOJ add another 0.25% increase of interest rate in October, the Nikkei will return back 20,000+/-2000 by end of 2024... What was this NISA buzz about in January 2024, all gains did enter the negative territory already by ~6%... https://lnkd.in/gMz8ypA7?

Japan's benchmark Nikkei 225 index soars more than 10% after plunging a day earlier Japan’s benchmark Nikkei 225 share index soared as much as 10.7% early Tuesday, a day after it plunged a near record 12.4%. The index yielded some of those early gains to trade 8.7% higher at 34,211.83 by late morning. The gains followed sharp losses on Wall Street that were dramatic but not on the same scale as Monday’s debacle in Tokyo. The Nikkei is now close to the level it was at a year ago. Its biggest ever percentage gain was 14.2% in October 2008.

🔸The Nikkei 225 Index Has Plummeted to a Nine-Month Low🔸 The Nikkei 225 (Japan 225 on FXOpen) has dropped over 25% in less than a month, nearing the 30,000-point mark—the lowest since autumn 2023. This sharp decline suggests a potential bear market. Key Drivers: 📉 Negative US labor market news heightens recession fears. 🏦 Bank of Japan's recent rate hike to support the weak yen. Our July 15 analysis highlighted bearish signs around the 41,330 level. The bullish channel was broken earlier than expected, with aggressive selling at the 38,000 support. What could happen next? 🔗 Read the full article: https://cutt.ly/aexjY02w CFDs are complex instruments and come with a high risk of losing your money. #Nikkei225 #MarketAnalysis #bearmarket #FinancialNews #InvestmentInsights

📈 Japan’s Nikkei 225 Index Surges After Historic Selloff! The Nikkei 225 rebounded nearly 11% today following a sharp decline, driven by US economic concerns and a stronger yen. The index later settled at 8.7% higher. This recovery signals potential trading opportunities. 📊 Stay ahead in the volatile market with UTrada! https://bit.ly/UTrada #ForexTrading #Nikkei225 #MarketNews #TradingOpportunities #StockMarket #Investment #EconomicNews #Japanesestocks #JapanEconomy

The Nikkei 225 continues its record hunt. After around three months of consolidation, the leading Japanese barometer has picked up speed in the last three weeks with an increase of almost 9%, breaking the all-time high recorded in March. At that time, the Nikkei rose above 40,000 for the first time in its history, ending the decade-long bear market that had begun when the bubble burst in December 1989 at not quite 39,000.

Over the past three days, significant changes have occurred in the Japanese stock market and the USD/JPY exchange rate. On August 4, 2024, the Nikkei 225 index experienced a dramatic 12% drop, marking its largest single-day decline since 1987. This sharp fall was driven by increased global recession fears due to disappointing economic data from the United States and a larger-than-expected interest rate hike by the Bank of Japan (BoJ) . Following this steep decline, the Nikkei 225 index rebounded by 10% on August 6, closing at 34,675.46 points. This recovery was partly due to efforts by the BoJ to calm the markets and renewed buying interest from investors . In the foreign exchange market, the USD/JPY pair saw significant fluctuations. Over the past few weeks, the Japanese yen appreciated by more than 10% against the US dollar, largely due to the unwinding of carry trades. Carry trading involves borrowing in low-interest-rate currencies, such as the yen, to invest in higher-yielding assets elsewhere. The BoJ’s unexpected rate hike and the yen’s subsequent strengthening triggered a reversal of these trades . #usdjpy #travel #economy #finance #marketing #stocks #bond #investing #banking #data