>> The Tokyo Stock Exchange in balance in a wait-and-see market
>> The Tokyo Stock Exchange falls
>> The Tokyo Stock Exchange driven by the decline of the yen against the dollar
| The American dollar in a bank in the United States. |
| Photo : AFP/VNA/CVN |
Always carried by “the Trump effect“, the largest cryptocurrency by capitalization reached a new record at 95,004.50 USD around 01:24 GMT, before moderating its gains. It was trading at 94,609 USD around 02:00 GMT.
On the Tokyo Stock Exchange around 02:00 GMT, the flagship Nikkei index fell by 0.71% to 38,081.12 points, and the broader Topix index dropped 0.29% to 2,690.67 points. The market is penalized by the publication of the results of the American Nvidia, which took place after the close of Wall Street.
The chip giant, seen as the standard-bearer of the generative artificial intelligence (AI) revolution, again significantly exceeded average quarterly profit expectations and ensured that demand for its semiconductors was not slowing.
On the foreign exchange market, the yen is trying to recover against the dollar in Asian trade. The Japanese currency was trading at 155.03 yen to the dollar around 02:15 GMT, compared to around 155.50 yen the previous evening.
The yen has fallen in recent weeks against a dollar strengthened by the prospect of inflationary policies by the future administration of Donald Trump, which will push for increased debt and rates maintained at a high level – more attractive for an investor.
Currency traders are suspended on Thursday, November 21, from a new speech by the Governor of the Bank of Japan, Kazuo Ueda, for “decode any subtle change in policy (…) markets preparing for a more aggressive tone” after he remained evasive at the start of the week on a rate increase in December, according to Mr. Innes.
In sparse trading, Chinese markets are oscillating around balance, in a market undermined by the persistent gloomy economic situation of the second largest economy in the world and the increased prospects of trade tensions.
Around 02:30 GMT, the Hang Seng index was stable (+0.05% at 19,715.09 points). The Shanghai composite index lost 0.19% and that of Shenzhen 0.32%. Oil prices advanced at the same time: the price of a barrel of Brent from the North Sea gained 0.41% to 73.11 USD, and that of American West Texas Intermediate (WTI) 0.47% to $69.06.
APS/VNA/CVN
