Indices

31 July 2024
Japan banks lead Nikkei higher following BOJ rate hike

Key points: The Nikkei index increased by 0.25%, supported by banking stocks after the BOJ rate hike. Banks attracted substantial foreign investments, with net stock purchases reaching 472 billion yen. Japan’s Nikkei share average rose on Wednesday, buoyed by banking …

29 July 2024
Yen dips as Nikkei rises, central bank meetings near

Key points: The yen dipped after hitting a 12-week high against the dollar. Japan’s Nikkei surged over 2%, reflecting market optimism. On Monday, the yen ticked lower, easing to 154.24 yen against the dollar early in the Asian trading day, …

26 July 2024
Nasdaq 100 hits 7-week lows during tech rout 

The Nasdaq composite falls to its lowest level since early June, marking its worst two-day drop since September 2022. Read more to find out about the market implications and outlook.

24 July 2024
S&P 500 rebounds as tech shares lead market recovery 

The S&P 500 rallied with tech shares like Nvidia surging. Biden’s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.

24 July 2024
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally

Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.

23 July 2024
Nikkei rebounds as chipmakers and shippers lead rally 

Japan’s Nikkei 225 index rebounds from a three-week low, driven by gains in chipmakers and shippers. Explore market implications and short-term trading opportunities.

22 July 2024
US dollar index loses strength as Fed rate-cut expectations grow 

The US dollar index (Symbol: USDX) as expectations of an interest rate cut grows stronger as the spotlight shifted to economic data for more clues on the monetary policy path of the Federal Reserve.

19 July 2024
Taiwan dollar hits 8-year low on chip sell-off

The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in …

18 July 2024
Japan’s Nikkei drops 2% on global chip sell-off and surging yen

Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since …

15 July 2024
Nasdaq and tech stocks plunge as inflation data spurs sell-off   

Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.

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