What Japan's middle-of-the-road new leader means for investors
For good or ill, Kishida is seen by investors as a continuity choice — stable, but unlikely to energize markets much.
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For good or ill, Kishida is seen by investors as a continuity choice — stable, but unlikely to energize markets much.
Article content “Powell’s press conference was well balanced and left the Fed with the flexibility to act according to economic data, fiscal stimulus and virus developments,” said John Vail, chief global strategist at Nikko Asset Management in Tokyo. “Financial markets did not react very much to the result, and the yen remained relatively stable, which is helpful to Japan’s economy and financial markets.” Positive earnings outweighed concerns about the worsening pandemic, after daily coronavirus cases hit a record high in Japan and its capital city. Nissan Motor gained 7% after th...
Home Japanese business sentiment hits two-year high Japanese business sentiment hits two-year high Tankan index for big manufacturers suggests country will grow in 2021 as global economy recovers World Economy News 2 Jul 2021 • 2 min read Sentiment among large Japanese manufacturers has risen to its strongest level since the final quarter of 2018 as the global economy rebounds from the coronavirus pandemic. The Bank of Japan’s Tankan index rose from plus 5 to plus 14 in the second quarter of the year, slightly below analyst expectations ...
When Fed officials convened the most recent two-day monetary policy meeting on Tuesday, the issue of whether the central bank should start discussing the
The Nikkei share average trimmed the day's losses to close 0.33 per cent lower at 28,549.01, but still snapped a five-day, 2.1 per cent winning run. The broader Topix fell 0.5 per cent to 1,911.02.