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 39503.72 yen, 335.19 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 16.98 points at 2697.47.
Top news
Foreign currency insurance cancels 60% before maturity Financial Services Agency warns of “frequent transfers”
An investigation by the Financial Services Agency revealed that approximately 60% of foreign currency-denominated lump-sum insurance was canceled within a short period of 4 years after enrollment. Most contracts expire in 10 years, and the Financial Services Agency is intensifying concerns that transfers to resell the same type of product after cancellation also occur frequently.
If the exchange transaction range breaks through the appreciation of the dollar, intervention is possible - former treasurer Yamazaki
Former treasurer Tatsuo Yamazaki, a specially appointed professor at the International University of Health and Welfare, expressed recognition that, based on recent yen depreciation statements from currency officials, if the appreciation of the dollar and depreciation of the yen progresses beyond the current transaction range, it is not strange for the government to intervene with yen buying at any time.
New US car sales by 6 Japanese car companies increased 15% from January to March, led by HV
$Toyota Motor(7203.JP)$etc. 6 Japanese car companies are on the 2nd...

This article uses automatic translation for some of its parts
Goldman Sachs predicts that share buybacks of US companies will increase 13% this year to reach 925 billion dollars, and this is expected to be an important upward factor in US stocks. In the long run,NASDAQ US Buyback Achievers™️ quotientSince it was announced on 2006/12/20 with a standard value of 4,694.06518327,Achieved an increase of over 331%I did. Meanwhile, $S&P 500 Index(.SPX.US)$ It rose nearly 263% over the same period.
The NASDAQ US Buyback Achievers ™️ Index consists of US securities issued by companies that have implemented a net reduction of 5% or more in issued shares in the last 12 months.
$S&P 500 Index(.SPX.US)$ It is an ETF linked to $SPDR S&P 500 ETF(SPY.US)$ It is an ETF linked to the NASDAQ US Buyback Achievers ™️ Index $Powershares Exchange Traded Fd Tst Buyback Achievers(PKW.US)$Comparing 200...

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 started at 36605.30 yen, 58.35 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2550.83, 5.91 points higher than the previous business day.
Top news
Risks held by Japanese stocks that are high for the first time in 34 years, the key to 40,000 yen is “dependency on large stocks”
The Nikkei Stock Average has exceeded 36,000 yen since 1990, and the year-to-date rate of increase is 9.2%, which is above the world's major stock price indices. However, the sharp rise in market prices was led by a handful of large stocks, which indicates that the momentum is not necessarily strong. Strategists believe that the expansion of investment targets is essential in order to put it on the 40,000 yen mark for the first time since the recapture of the highest price in history.
Real Wages Plus 5 Private Think Tanks Predict “This Fall Too”
When Nihon Keizai Shimbun asked five private think tanks, conditions for the Japanese economy to grow led by domestic demand emerged. While the rate of increase in consumer prices stabilizes, if a high wage increase rate is achieved during the spring battle, fall 2024...