The Nikkei Average started with a 465 yen increase in corporate prices in July, rising 3.0%, growth rate high level for the first time in 11 months
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Here's an overview of this morning's turnaround. Thank you in advance.![]()
Market Overview
Today's Nikkei Stock Average started at 35490.58 yen, 465.58 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2508.78, 25.48 points higher.
Market Overview
Today's Nikkei Stock Average started at 35490.58 yen, 465.58 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2508.78, 25.48 points higher.
Top news
July corporate prices rise 3.0% = Bank of Japan
The July domestic corporate goods price index (preliminary value, 2020 average = 100) announced by the Bank of Japan on the 13th was 123.1, up 3.0% from the same month last year.
Be wary of fund outflows and carry transaction failures from Japanese stock ETF with yen hedging
There is a growing movement to withdraw funds from exchange-traded funds (ETFs) that invest in Japanese stocks while hedging the volatility of yen exchange rates among investors who are frightened by the effects brought about by the failure of yen carry trade.
The yen is in the first half of the 147 yen range against the dollar, supported by geopolitical concerns - overseas at one point in the 148 yen range
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 13th was 1 dollar = the first half of the 147 yen range, and has remained flat since the evening of the previous weekend. In overseas markets, after temporarily falling to the 148 yen level as the Bank of Japan's additional interest rate hike observations receded, a risk-averse yen buyback came in due to concerns about the situation in the Middle East. The situation where it is difficult to move continues in the Tokyo market ahead of the announcement of important US economic indicators.
The Bank of Japan cannot raise interest rates by the end of the year, until next March at the earliest due to sudden changes in the market - former committee member Sakurai
Mr. Makoto Sakurai, a former Bank of Japan deliberation committee member, expressed the view that the Bank of Japan decided to raise additional interest rates at the monetary policy meeting on July 31, and based on the fact that financial markets have stabilized thereafter, it will be difficult to raise interest rates again by the end of the year, and it will be until next March at the earliest.
Nomura Micro is worried, sales are disappointing due to a decline in sales and profit for the April-June fiscal year
$Nomura Micro Science (6254.JP)$It's a sign of outrage. Consolidated financial results for the fiscal year ending April to June were announced after the end of trading on the 9th of the previous weekend, and sales were 7.629 million yen, down 40.2% from the same period last year, and operating profit was 362 million yen, down 78.2% from the same period last year.
Distributor: Bloomberg, Jiji Press, MINKABU
ー Moo Moo News Japanese stock Evelyn
July corporate prices rise 3.0% = Bank of Japan
The July domestic corporate goods price index (preliminary value, 2020 average = 100) announced by the Bank of Japan on the 13th was 123.1, up 3.0% from the same month last year.
Be wary of fund outflows and carry transaction failures from Japanese stock ETF with yen hedging
There is a growing movement to withdraw funds from exchange-traded funds (ETFs) that invest in Japanese stocks while hedging the volatility of yen exchange rates among investors who are frightened by the effects brought about by the failure of yen carry trade.
The yen is in the first half of the 147 yen range against the dollar, supported by geopolitical concerns - overseas at one point in the 148 yen range
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 13th was 1 dollar = the first half of the 147 yen range, and has remained flat since the evening of the previous weekend. In overseas markets, after temporarily falling to the 148 yen level as the Bank of Japan's additional interest rate hike observations receded, a risk-averse yen buyback came in due to concerns about the situation in the Middle East. The situation where it is difficult to move continues in the Tokyo market ahead of the announcement of important US economic indicators.
The Bank of Japan cannot raise interest rates by the end of the year, until next March at the earliest due to sudden changes in the market - former committee member Sakurai
Mr. Makoto Sakurai, a former Bank of Japan deliberation committee member, expressed the view that the Bank of Japan decided to raise additional interest rates at the monetary policy meeting on July 31, and based on the fact that financial markets have stabilized thereafter, it will be difficult to raise interest rates again by the end of the year, and it will be until next March at the earliest.
Nomura Micro is worried, sales are disappointing due to a decline in sales and profit for the April-June fiscal year
$Nomura Micro Science (6254.JP)$It's a sign of outrage. Consolidated financial results for the fiscal year ending April to June were announced after the end of trading on the 9th of the previous weekend, and sales were 7.629 million yen, down 40.2% from the same period last year, and operating profit was 362 million yen, down 78.2% from the same period last year.
Distributor: Bloomberg, Jiji Press, MINKABU
ー Moo Moo News Japanese stock Evelyn
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