181086786
voted
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 40511.55 yen, 507.95 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) rose 30.81 points to 2781.78. The all-time high price (44,472 yen 11 sen) during trading hours set on the 7th was replaced.
Top news
Bank of Japan additional interest rate hikes “October” and “July” observed that the depreciation of the yen progressed left and right
In response to the cancellation of the Bank of Japan's negative interest rate policy, there are widespread observations in the market that the Bank of Japan will raise additional interest rates by the end of the year. Governor Kazuo Ueda emphasized “the accommodative environment will continue” at the press conference after the monetary policy meeting on the 19th, but he did not deny additional interest rate hikes.
Japan's monetary authorities gained “firepower” to defend the depreciation of the yen, abolish YCC - Monex
Monex Europe believes that since fluctuations in government bond yields will become more flexible in the future due to the abolition of the yield curve control (long and short interest rate operation, YCC) policy by the Bank of Japan, the Japanese currency authorities have obtained “firepower” to defend the yen.
Bank of Japan mitigation “more effective than side effects” Adam Posen
...
Market Overview
Today's Nikkei Stock Average began at 40511.55 yen, 507.95 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) rose 30.81 points to 2781.78. The all-time high price (44,472 yen 11 sen) during trading hours set on the 7th was replaced.
Top news
Bank of Japan additional interest rate hikes “October” and “July” observed that the depreciation of the yen progressed left and right
In response to the cancellation of the Bank of Japan's negative interest rate policy, there are widespread observations in the market that the Bank of Japan will raise additional interest rates by the end of the year. Governor Kazuo Ueda emphasized “the accommodative environment will continue” at the press conference after the monetary policy meeting on the 19th, but he did not deny additional interest rate hikes.
Japan's monetary authorities gained “firepower” to defend the depreciation of the yen, abolish YCC - Monex
Monex Europe believes that since fluctuations in government bond yields will become more flexible in the future due to the abolition of the yield curve control (long and short interest rate operation, YCC) policy by the Bank of Japan, the Japanese currency authorities have obtained “firepower” to defend the yen.
Bank of Japan mitigation “more effective than side effects” Adam Posen
...
Translated
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181086786
commented on
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 39622.58 yen, 117.86 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 3.95 points at 2718.04.
Top news
Bank of Japan to decide to raise interest rates for the first time in 17 years today - Governor Ueda holds a press conference in the afternoon
The results of the high-profile monetary policy meeting where the Bank of Japan discusses entering the normalization phase of monetary policy will also be announced in the afternoon of the 19th, and it is expected that interest rate hikes etc. for the first time in 17 years will be decided. President Kazuo Ueda is scheduled to hold a press conference at 3:30 p.m.
Significant wage increases for the first time in 33 years, and expectations for domestic demand stocks and small to medium stock purchases in Japan due to consumption stimulation
In response to the fact that the wage increase rate for the 2024 spring battle reached a high level of over 5% for the first time in 33 years, there is a sense of expectation that buying opportunities will come to domestic demand stocks and small to medium stocks that have been lagging behind until now in the Japanese stock market.
Bank of Japan policy “feeling of going through normalization,” major securities companies are also preparing for a turning point
Wakamatsu Hirokazu, Executive Officer and Market Operation Manager of Tokyo Tanshi, OK...
Market Overview
Today's Nikkei Stock Average began at 39622.58 yen, 117.86 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 3.95 points at 2718.04.
Top news
Bank of Japan to decide to raise interest rates for the first time in 17 years today - Governor Ueda holds a press conference in the afternoon
The results of the high-profile monetary policy meeting where the Bank of Japan discusses entering the normalization phase of monetary policy will also be announced in the afternoon of the 19th, and it is expected that interest rate hikes etc. for the first time in 17 years will be decided. President Kazuo Ueda is scheduled to hold a press conference at 3:30 p.m.
Significant wage increases for the first time in 33 years, and expectations for domestic demand stocks and small to medium stock purchases in Japan due to consumption stimulation
In response to the fact that the wage increase rate for the 2024 spring battle reached a high level of over 5% for the first time in 33 years, there is a sense of expectation that buying opportunities will come to domestic demand stocks and small to medium stocks that have been lagging behind until now in the Japanese stock market.
Bank of Japan policy “feeling of going through normalization,” major securities companies are also preparing for a turning point
Wakamatsu Hirokazu, Executive Officer and Market Operation Manager of Tokyo Tanshi, OK...
Translated
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