Japanese Nikkei
A 5% Plunge in Japanese Share Prices on Christmas Day
December 25, 2018
Almost all markets are closed this Christmas Day, Japan’s being the most notable exception. The Nikkei 225 lost 1,010 points or 5.0% while the Topix index dropped 4.9% in continuing panic following yesterday’s largest slide ever in U.S. share prices on the last business day before Christmas. Equities in other open markets fell 2.3% in […] More
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
