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The Nikkei Average broke 0.03 million4000 yen and Japanese stocks plummeted due to the Bank of Japan interest rate hike, and investors' expectations for the long-term outlook did not change

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moomooニュース日本株 wrote a column · Aug 4 19:19
The Nikkei Average broke 0.03 million4000 yen and Japanese stocks plummeted due to the Bank of Japan interest rate hike, and investors' expectations for the lon...
Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.

Market Overview
Today's Nikkei Stock Average began at 35249.36 yen, 660.34 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 49.35 points at 2488.25.
The Nikkei Average broke 0.03 million4000 yen and Japanese stocks plummeted due to the Bank of Japan interest rate hike, and investors' expectations for the lon...
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Investors' expectations for the long-term outlook for Japanese stocks, which plummeted due to the Bank of Japan interest rate hike
In response to the Bank of Japan's interest rate hike, the rate of decline in the Tokyo Stock Price Index (TOPIX) on the 2nd reached a magnitude for the first time in about 8 years. Despite the turbulent depreciation, some investors are still hopeful about the long-term outlook for Japanese stocks.

Yen appreciates for the first time in six months, 1 dollar = 145 yen range - purchases continue in response to US employment statistics
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 5th drastically raised its level from the evening of the previous weekend, and hit a high of 1 dollar = 145 yen at one point for the first time in six months. The trend of yen purchases, which received weaker US employment statistics than expected the previous weekend, continues. While it is easy to continue buying the yen exchange rate due to heightened concerns about the US economy, it seems that there is also a movement to sell back due to a reaction after the sharp rise.

Are Japanese stocks reaching a turning point, the end of mitigating trade? Bank of Japan hawkish stance
The sharp decline in Japanese stocks means the end of trading based on monetary easing — such indications have been made about the Japanese market, where the Nikkei Average fell by 3192 yen in 2 days. The Bank of Japan decided to raise interest rates, Governor Ueda Kazuo showed a positive attitude towards additional interest rate hikes, and the stock market has reached a turning point.

Nikkei Levers continued to plummet, and risk off accelerated due to rapid appreciation of yen in addition to global stock depreciation
$NEXT FUNDS Nikkei 225 Leveraged Idx ETF (1570.JP)$They have made a strong start, and their legs are getting even stronger. The previous weekend, the Nikkei Average showed a record drop of around 2200 yen, and other Asian stocks were almost completely safe, and the risk off trend did not stop even after entering European time, and the trend of risk off did not stop, and they depreciated all at once.
Fast Track continued to decline for 3 days, and sales of existing UNIQLO stores in July were higher than the previous year for 4 consecutive months, yet the general market price was weak
$Fast Retailing (9983.JP)$It has been falling for 3 days. According to the July domestic UNIQLO sales bulletin announced after the end of trading on the 2nd of the previous weekend, sales of existing stores combined with e-commerce surpassed the previous year's results for 4 consecutive months, with an 8.1% increase from the same month last year, but sales were dominant on this day in a way that weakened the general market price.
Distributor: Bloomberg, MINKABU, Reuters
ー Moo Moo News Japanese stock Evelyn
The Nikkei Average broke 0.03 million4000 yen and Japanese stocks plummeted due to the Bank of Japan interest rate hike, and investors' expectations for the lon...
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