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The Nikkei average started 255 yen higher, as U.S. stocks edged slightly lower following CPI exceeding financial estimates.

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moomooニュース日本株 wrote a column · Oct 10 19:08
The Nikkei average started 255 yen higher, as U.S. stocks edged slightly lower following CPI exceeding financial estimates.
Hello, moomoo users! Good morning!This is the morning overview. Thank you.

Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at 39,636.87 yen, up 255.98 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,720.15, up 7.48 points.
The Nikkei average started 255 yen higher, as U.S. stocks edged slightly lower following CPI exceeding financial estimates.
The Nikkei average started 255 yen higher, as U.S. stocks edged slightly lower following CPI exceeding financial estimates.
Top News
The timing of easing adjustments depends on the trends in the economy, prices, and finance - BOJ Deputy Governor Himeyoshi
BOJ Deputy Governor Yoshimi Himeyoshi spoke at an event in Tokyo on the 10th, stating that future financial policy operations will be influenced by economic activities, prices, and financial conditions. He mentioned that the timing for additional rate hikes is not predetermined from the beginning. The Bank of Japan also emphasized that they comprehensively analyze various data at each monetary policy meeting, and make decisions based on the balance of outlook and risks.

US Foreign Exchange Market Summary: Temporarily dropped to the 148.30 yen level, with a significant increase in unemployment insurance claims.
On the 10th, the dollar-yen exchange rate in the New York foreign exchange market closed at around 148.57 yen per dollar, marking a depreciation of about 74 yen compared to the previous day. The euro was around 162.46 yen per euro, showing a depreciation of about 85 yen and a strengthening of the yen.

Docomo to shift to domestic production priority, investing 100 billion yen in Fujitsu's overseas-made base stations for enhanced competitiveness
NTT Docomo is expanding the procurement of overseas-made equipment for base stations compatible with the high-speed communication standard '5G', aiming to replace domestically-made equipment. $Fujitsu (6702.JP)$Fujitsu is reconsidering its base station business strategy and may accelerate the shift of management resources to its core IT services, which could be traced back to the predecessor of NTT. $Nippon Telegraph & Telephone (9432.JP)$The 'Telecommunications Family' that has been around since the public era is entering a period of transformation.

Disco, operating profit increased by 60% from April to September due to increased shipments of semiconductor manufacturing equipment and growing demand for AI.
$Disco (6146.JP)$The consolidated operating profit forecast for the April to September period of 2024 is expected to exceed 71 billion yen, a 60% increase from the same period last year. It significantly surpasses the previous estimate by more than 5 billion yen and is likely to be the highest ever for the April to September period. The demand for high-performance semiconductors for the AI generation has grown, leading to increased shipments of semiconductor manufacturing equipment. Customer equipment utilization rates have risen, and sales of consumables have also increased.

Source: Various company press releases, Nikkei, MINKABU, Bloomberg
moomoo news of individual stocks Evelyn
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