Earnings and monetary policy are key for this week. Both the U.S. FOMC and Bank of Japan (BOJ) have rate decision meetings ending on Wednesday. It goes without saying that market participants are most concerned with the Fed’s decision and clearly expect another rate cut (by 0.25%). Unfortunately, Japanese stocks remain vulnerable because a negative […]
Nikkei Weekly Outlook
October 29th, 2007 · No Comments
Tags: Weekly Outlook
Nikkei Ends Week With a Strong Rally on Positive Earnings
October 29th, 2007 · No Comments
Japan market summary for Friday (Oct. 26)
Nikkei 225 Stock Average: +221.46 (+1.4%) to 16,505.63
Nikkei 225 futures Osaka: +210 (+1.3%) to 16,490, Singapore (SGX) +200 (+1.2%) to 16,490, Chicago (CME) *10/25 (%) to -5 (-0.0%) to 16,395
TOPIX: +25.90 (+1.7%) to 1,573.97; Advancers 1,098 x decliners 522 (unch. 113), New highs 10 x new […]
Tags: Market Summary
