Free Trial

Japanese stocks have again climbed a good....>

                                            STOCKS: Japanese stocks have again climbed a good amount, specifically 195.65pts
                                            today into the lunch break in positive territory with the Nikkei 225 currently
                                            at 19741.42. This emulates the current risk on sentiment in the markets as the
                                            UN council voted in support of the U.N. sanctions on N. Korea and economic cost
                                            estimates from hurricane Irma are looking a lot lower than originally predicted,
                                            oil refinery's have already restarted in Texas.
                                            - All sectors were in the green with insurance being the best performing sector,
                                            Tokio Marine the biggest positive mover, offering casualty and property
                                            insurance, perhaps hurricanes across the globe have influenced this.
                                            - The Hang Seng is currently down around 55pts, unwinding after large gains
                                            yesterday and the ASX Index is in positive territory up 50pts.
                                            - The USDJPY is mildly down at 109.30 following extensive gains from Monday, the
                                            session saw it's highest gains level since the 5th during the session.
                                            - All U.S. and Europeans stocks are up, the Dow closed 254 points up on the day
                                            showing investor confidence returning after uncertainty.

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.