Stocks rise ahead of action-packed week; Japan election sparks turmoil

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

LONDON : Global stocks rose on Monday, ahead of a week stacked with earnings from Wall Street's "Magnificent 7", while the yen sank after an election in Japan thrust the country into political turmoil, and oil slid as tensions in the Middle East ebbed. The dollar, which is heading towards a 3.

FILE PHOTO: Passersby chat in front of an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan, September 30, 2024. REUTERS/Kim Kyung-Hoon/File PhotoLONDON : Global stocks rose on Monday, ahead of a week stacked with earnings from Wall Street's"Magnificent 7", while the yen sank after an election in Japan thrust the country into political turmoil, and oil slid as tensions in the Middle East ebbed.

U.S. stock index futures pointed to an upbeat start on Wall Street later, up 0.5-0.7 per cent, while Europe's STOXX 600 rose 0.4 per cent, as airline stocks drew strength from lower fuel prices. The"Magnificent Seven" are the largest U.S. companies by market value. The five set to report earnings this week are Google parent Alphabet, Microsoft, Facebook owner Meta, Apple and Amazon.

The party, with junior coalition partner Komeito, won 215 lower-house seats in Sunday's election, public broadcaster NHK reported, well short of the 233 needed for a majority. Nomura analyst Yusuke Miyairi also expects the Bank of Japan, which reviews policy on Thursday, will be more dovish and that will hurt the yen.Broader currency markets were steady, leaving the dollar on course for its largest monthly rise in 2-1/2 years as signs of strength in the U.S. economy and the prospect of a Donald Trump presidency have driven up U.S. yields.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Japan’s next PM aims for snap election even as stocks sinkIncoming premier Shigeru Ishiba confirmed media reports that he aimed to call a snap election for Oct 27.
ソース: straits_times - 🏆 5. / 69 続きを読む »