Nikkei jumped on China's easing hopes

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Japan's equities rallied on Thursday after Wen Jiabao, China's PM, announced than easing inflationary pressure in China will allow the government to fine-tune its monetary policy further. Moreover, slowing CPI growth in the US also spurred speculation that the Fed may implement more stimulus measures.  Nikkei surged 1.88%, approaching a six-week high of 9,092.76. Nine out of ten industries included in the index soared. The largest gainers were technology and industrial shares. Canon, Toshiba and Fujitsu surged 2.75%, 3.47% and 3.24%, respectively. FANUC also followed bullish trend, advancing by 4.29% on weaker Yen. Meanwhile, Dai-Ichi Life Insurance was the top-gainer after Moody's Investors Service announced that the company's investment in Janus Capital Group was positive. At the same time, financials were mixed, with Bank of Yokohama jumping by 0.80% and Aozora Bank slumping 3.32%.

 

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.