The variation of Asian stocks, which coincides with a new weakness in the yen

Japanese stocks rose due to the poor yen, after a minor circulation in Wall Street had limited movements in government shares and bonds. The shares in Tokyo went up after the yen dropped to the lowest level in five months at 158 ​​years at the dollar in the previous session, after the statements of the Governor of the Bank of Japan, Kazo Oida, on Wednesday, which did not deliver clear signals on interest rates next month. The cheapest yen usually helps to support the Japanese economy aimed at export. The yen was a little stronger on Friday, after the data showed the acceleration of inflation in Tokyo for the second month during December. At the same time, industrial production dropped less than expected, while retail sales were higher than estimates. The latest results of economic performance indicate the need for the bank to continue to tighten the policy in the coming months. A summary of opinions of the central banking meeting in December showed that there are mixed opinions among its members of his advice on the timing of another interest rate, and this is partly due to uncertainty about the US economy. Elsewhere in Asia, the shares in Hong Kong varied after a two -day holiday, while the shares fell on mainland China. The shares also rose in Australia, while its peer in South Korea took off due to the ongoing political turmoil in the country. Chene Yao Nug, the investment manager of the “ABRDN” business, said: “I think investors will continue to move in Asian shares with our entry in 2025. I hope Trump will announce his customs definitions as soon as possible, because indirect consequences such as inflation will be good. The S&P 500 index ended on Thursday, while the Nasdaq 100 index, which focuses on technology, fell 0.1% in a quiet session after the holidays, as the data of mixed unemployment requests did not change the expectation of the future policy of the federal reserve. The most important European markets were closed on Thursday. The dollar index has also held on, as it has been on its way since 2015 to the best year. US subsidy requests faced major US businesses during the session, although Apple recorded a good performance after an optimistic report from the investment bank “widbush”, and the “gym stop” shares increased after a publication on the Internet, the investor “Keith Gill” famous as “Rourring Kitty”. Repeated subsidy requests in the United States have risen to the highest level in more than three years, which has contributed to the evidence that unemployed people find it harder to find work. As for the initial requests, it dropped to 219,000 in the week ending December 21. Treasury bonds remained stable after US mortgage returns fell by one point to 4.58% on Thursday. The increase in training has also decreased with the evaluation of investors for the remaining motives for the acceptance of President -Checks Donald Trump to the encrypted currency sector. According to Big, the market can continue to make an upward progress until the end of the year, to reach the highest level ever above 6,100 points for the S&P 500 index. However, the fluctuation is expected to reappear in January. He said: “If the S&P 500 index reaches new levels, major deviations will appear in width and momentum, which is another warning signal with our entry until January.” In Asia, business confidence in South Korea has deteriorated at the greatest frequency since the outbreak of the Kofid-19s, reflecting the growing concerns about the economy suffering from political turmoil and facing the threats of customs rates by Donald Trump. Meanwhile, the group “Ali Baba” has agreed to integrate its operations in South Korea with the E-Mart Inc. e-mater platform to better compete in the fast Internet trade sector in the country. The Japanese airlines said it was resumed to sell tickets after the cyber security that took place on Thursday morning. The data to be released in Asia contains trade numbers for Thailand. A provisional court hearing is also held in South Korea on the isolation of President Yoon. As for the commodities, the price of gold stabilized after the rise on Thursday to the highest level in a week, while the price of oil dropped slightly.

Exit mobile version