Japanese shares plunged in wake of GDP data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Japanese equities started the week in a red territory on weak data from the national economy. Japan's GDP contracted by 0.9% in Q3, indicating the first decline in three quarters. Moreover, trade between Japan and China dropped by annualized 2.1% in the first 11 months of the year. Solid Yen as well as worries over the US fiscal cliff also added to the negative mood of the market players. The Nikkei 225 Index plunged 0.93% to close at 8,676.44. All sectors included in the index sank. On the upside, Mazda Motor Corp. added 0.95% after announcing that Mazda and Toyota would produce Toyota vehicles for the North American market in Mexico.  At the same time, the top-losers were consumer goods and health care. Ajinomoto and Aeon plummeted 1.13% and 0.23%, while, Astellas Pharma and Dainippon Sumitomo Pharma declined 1.23% and 0.44%. Meanwhile, Sony Corp. slid 2.62% after Moody's downgraded the company's debt rating to Baa3, just one notch above the ‘junk' rating.


Back to articles

Actual Topics

Mon, 12 Nov 2012 14:06:46 GMT

Germany's wholesale price inflation inched to 11-month high

The Federal Statistical Office reported on Monday that wholesale price inflation increased its pace to the fastest in 11 months in October. The wholesale price index grew to an annualized 4.6% last month compared to a figure of 4.2% in the preceding month. Analysts, however, expected that prices would gain even more and the index would reach 4.9%.

Mon, 12 Nov 2012 14:41:34 GMT

Dow closed slightly higher on Friday

Dow climbed on Friday amid positive signals from domestic economy. US preliminary consumer confidence jumped more than expected this month. Mounting hopes for continuation of stimulus measures also pushed the US blue chips index higher. However, the upswing remained capped by concerns over the US fiscal cliff and Greek budget vote. Meanwhile, investors were also cautious ahead of the Chinese

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.