[Japan Market Conditions] The Nikkei Average temporarily exceeded 1000 yen, and bonds and yen rose in anticipation of lower US interest rates
2024/7/29 14:16 JST (some excerpts)
The stock exchange rate rebounded drastically in the Japanese market on the 29th, and the increase in the Nikkei Stock Average exceeded 1000 yen at one point. Expectations for interest rate cuts have strengthened in response to inflation indicators in the US, and stocks that are risk assets are being favored. The bond exchange rate has also risen, and the yen exchange rate has become dominant in buying.
The stock exchange rate rebounded drastically in the Japanese market on the 29th, and the increase in the Nikkei Stock Average exceeded 1000 yen at one point. Expectations for interest rate cuts have strengthened in response to inflation indicators in the US, and stocks that are risk assets are being favored. The bond exchange rate has also risen, and the yen exchange rate has become dominant in buying.
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