[Japan Market Conditions] Stock rebound, yen falls due to Trump's victory scenario - bonds rise
Updated 2024/7/16 15:48 JST (some excerpts)
The stock exchange rate rebounded in the Japanese market on the 16th, and the yen exchange rate fell to the latter half of the 1 dollar = 158 yen range. From the view that the probability that the Republican Trump candidate will return to the presidency has increased in the United States, stock purchases, dollar buying/yen sales, which were conscious of the possibility of fiscal expenditure expansion and US economic buoyancy, became dominant.
Meanwhile, bond prices have risen. It started ahead of sale in response to rising US bond yields the day before, but buying gradually became dominant against the backdrop of optimistic views on liquidity supply bidding, and long-term interest rates hit a low level for the first time in 3 weeks.
The stock exchange rate rebounded in the Japanese market on the 16th, and the yen exchange rate fell to the latter half of the 1 dollar = 158 yen range. From the view that the probability that the Republican Trump candidate will return to the presidency has increased in the United States, stock purchases, dollar buying/yen sales, which were conscious of the possibility of fiscal expenditure expansion and US economic buoyancy, became dominant.
Meanwhile, bond prices have risen. It started ahead of sale in response to rising US bond yields the day before, but buying gradually became dominant against the backdrop of optimistic views on liquidity supply bidding, and long-term interest rates hit a low level for the first time in 3 weeks.
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