Japanese Nikkei
Japanese Nikkei Plays Catch-Up after Holiday
September 19, 2017
As Japanese markets reopened following a 3-day holiday weekend, the Nikkei-225 leaped 390 points or 2.0%, moving back up the 20K level. But other stock markets did not follow suit. Equities elsewhere in the Pacific Rim closed down 0.5% in Singapore and Taiwan, 0.3% in Hong Kong, 0.2% in China and 0.1% in Australia, New […] More
Enormous Rebound in Asian Equities
September 9, 2015
Amid hopeful speculation of new Chinese fiscal stimulus, the Shanghai Composite index closed 2.3%, and other stock markets in the region recorded even larger gains. Japan’s Nikkei jumped 1,343 points or 7.7%, the largest percentage daily advance since October 28, 2008, which was a corrective move in an otherwise bear market. Equities also advanced 4.2% […] More
Nikkei Plunges 4.2%, Greatest Daily Decline since August 16th
February 4, 2014
With Chinese markets still closed for the Lunar New Year, share prices fell 4.2% (or 611 points) in Japan, 2.9% in Hong Kong, 1.8% in Australia, 1.7% in South Korea, 1.0% in New Zealand, and 0.8% in Singapore and Indonesia. In Europe, the German Dax is down 1.0%, but many other markets have only moderate […] More
Japanese Market Volatility Intensifies
May 30, 2013
The more Japanese officials express unconcern, the uglier the mood of the markets there becomes. The Nikkei-225 plunged another 5.2% to 13,589, 13% below its May 22 closing level. Compared to its low that day of 103.74 per dollar, the yen’s high today of 100.46 constituted an appreciation of 3.3%. The 10-year JGB yield fell […] More
New Lows for Yen & Sterling and Highs for Euro
January 25, 2013
Currencies hit new 2013 extremes overnight. The yen fell as low as 91.03 per dollar and 122.315 per euro. The euro touched a high of $1.3465, while sterling slipped as low as $1.5746. On balance since the Thursday close, the dollar rose 0.6% against the yen, 0.2% versus the loonie, and 0.1% relative to the […] More
