• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Kremlin: Europe has so far given no indication of any desire to start a dialogue on the gas issue—but it’s not too late.Kremlin: The war with Iran has caused turmoil in the natural gas market.Kremlin: Russia is considering withdrawing from the European gas market, but this requires careful analysis.March 18th - The Reserve Bank of Indias (RBI) recent measures to protect the rupee exchange rate are putting pressure on the countrys foreign exchange reserves, prompting some analysts to suggest reducing future intervention. Indias foreign exchange reserves (excluding gold) are currently only enough to support 8.7 months of import demand, the lowest level in three years. This comes at a time when India faces rising import bills due to energy prices, impacting its economy and markets. Yes Banks chief economist, Indrani Pan, stated that the more the RBI intervenes, the less firepower it has left, and this could trigger further problems if the ongoing crisis in the Middle East continues to escalate. For the external sector, the only shock absorber is the exchange rate itself. The RBI does need to show greater flexibility in allowing the rupee to depreciate. ANZs foreign exchange strategist, Diraj Niem, said that if fundamentals have permanently changed, maintaining the rupee at a certain level could quickly become very difficult. The RBI can allow the rupee to adjust further before foreign exchange reserve levels become an issue.The final figures for the Eurozones February CPI year-on-year and month-on-month rates will be released in ten minutes.

Japan Stocks Declined at The Market Close; The Nikkei 225 Fell 0.16 Percent

Aria Thomas

Jun 02, 2022 15:55

2.png


As a result of declines in the Mining, Power, and Precision Instruments sectors, Japan's stock market closed Thursday down.


At the end of trading in Tokyo, the Nikkei 225 decreased 0.16 percent.


Taiyo Yuden Co., Ltd. (TYO:6976) had the greatest performance on the Nikkei 225 during the session, gaining 6.04 percent of 320.00 points to close at 5,620.00. In late trading, Mitsubishi Motors Corp. (TYO:7211) rose 3.32 percent, or 13.00 points, to close at 404.00, while Ricoh Co., Ltd. (TYO:7752) rose 2.77 percent, or 31.00 points, to 1,149.00.


Fujitsu Ltd. (TYO:6702) had the poorest performance during the session, falling 4.44 percent or 870.00 points to close at 18,705.00. Astellas Pharma Inc. (TYO:4503) fell 4.09 percent or 86.00 points to conclude the day at 2,017.00, while Sony Corp (TYO:6758) fell 3.19 percent or 395.00 points to 11,975.00.


On the Tokyo Stock Exchange, declining equities exceeded advancing ones by 2100 to 1401, with 251 ending unchanged.


Nikkei Volatility, which measures implied volatility of Nikkei 225 options, decreased 1.26 percent to 19.56, a fresh one-month low.


The price of a barrel of crude oil for delivery in July fell 1.91 percent, or $2.20, to $113.06. Brent oil for August delivery declined 1.79 percent, or $2.08, to $114.21 per barrel, whilst the August Gold Futures contract increased 0.30 percent, or $5.60, to trade at $1,853.30 per troy ounce.


EUR/JPY increased 0.16 percent to 138.75, while USD/JPY declined 0.15 percent to 129.91.


At 102.32, US Dollar Index Futures were down 0.21 percent.