The Nikkei 225 index experienced fluctuations, closing at 38,513.02 after gaining 304 points. Market analysts noted a stronger yen and ongoing concerns regarding the policies of President-elect Donald Trump, particularly his recent remarks aimed at BRICS nations regarding currency competition. The dollar showed instability, influenced by expectations surrounding upcoming U.S. rate cuts and political uncertainty in France, which contributed to a 0.4% decline in the euro. Asian stocks advanced for a second consecutive day, buoyed by gains on Wall Street, while the dollar strengthened amid these geopolitical dynamics. The focus remains on the implications of Trump's policies and the upcoming central bank meetings in Japan and the U.S.
304円高の3万8513円02銭=2日の平均株価 https://t.co/XAnrwPIGKu
Morning all! - APAC stocks were mostly higher; Chinese official Manufacturing PMI and Caixin Manufacturing PMIs both topped forecasts - US President-elect Trump demanded that BRICS nations commit to not creating a new currency to challenge the US dollar or they will face 100%…
The dollar strengthened Monday as markets brace for a crucial week on U.S. rate cuts. President-elect Trump’s unexpected push against BRICS’ currency moves added support to the dollar. Meanwhile, political uncertainty in France pressured the euro, falling 0.4%. A period of dollar… https://t.co/jLrmDKZnr9