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Or you can now use TapaTalk again!Nikkei
- Thread starter biggdog1
- Start date
hessian
Member
An educated guess? - I'd say that Nikkei knew something some 20-odd hours ahead - now just how did Nikkei know that? (And how could we know - other than to watch Nikkei)??
malyla
Active member
An educated guess? - I'd say that Nikkei knew something some 20-odd hours ahead - now just how did Nikkei know that? (And how could we know - other than to watch Nikkei)??
This might explain how.
http://www.bloomberg.com/news/2010-...ly-get-worse-commentary-by-william-pesek.html
crws
Active member
possibly, but I think it was more along these lines...
dollar driven.
http://www.marketwatch.com/story/asia-mostly-lower-as-strong-yen-slaps-nikkei-2010-07-16
HONG KONG (MarketWatch) -- Asian markets ended mostly lower Friday, with Japanese shares tumbling as a strong yen
dragged on exporters before a long weekend, while strong results from Tata Consultancy Services supported Indian stocks.
Most regional markets started the day on a weak note amid concerns about the U.S. economy and after the U.S. Senate
approved a sweeping financial-overhaul legislation. Read full story on the Senate approval for bank-reform bill.
"Investor sentiment is mainly hit by worries about a recovery in the U.S. economy," said Hidenori Suezawa,
chief strategist at Nikko Cordial Securities in Japan.
Japan's Nikkei Stock Average tumbled 2.9% for its biggest percentage fall since June 7.
Australia's S&P/ASX 200 gave up 0.5%, South Korea's Kospi lost 0.7% and Taiwan's Taiex shed 0.5%. China's Shanghai Composite and Hong Kong's Hang Seng Index ended flat.
Exporters were hit hard in Tokyo, where a public holiday Monday also prompted profit-taking action.
"We would be a bit concerned that traders are cycling out of the U.S. dollar and parking a lot of it in the yen,
thus triggering a gigantic inverted carry trade. If the USD/JPY cracks below 86.875, then we'd get quite a bit worried
as it probably signals that major institutions are convinced the U.S. has swallowed the deflation pill," said Richard Hastings, macro and consumer strategist at Global Hunter Securities.
hessian
Member
Thanks Malyla,
That was a tremendous read! Scary, and apparently gone largely underreported & unnoticed by our mainstream.
VR!
James48843
Well-known member
Holiday Japan Stock Markets for 2011:
Markets Closed
01/03/2011 Monday Bank Holiday 3Tokyo Stock ExchangeJapan
01/10/2011 Monday Coming of Age (Adults') DayTokyo Stock ExchangeJapan
02/11/2011 Friday National Founding DayTokyo Stock ExchangeJapan
03/21/2011 Monday Vernal EquinoxTokyo Stock ExchangeJapan
04/29/2011 Friday Showa Day (formerly Greenery Day)Tokyo Stock ExchangeJapan
05/03/2011 Tuesday Constitution Day Tokyo Stock ExchangeJapan
05/04/2011 Wednesday Greenery Day (formerly National Holiday)Tokyo Stock ExchangeJapan
05/05/2011 Thursday Children's Day Tokyo Stock ExchangeJapan
07/18/2011 Monday Marine Day Tokyo Stock ExchangeJapan
09/19/2011 Monday Respect for the Aged Day Tokyo Stock ExchangeJapan
09/23/2011 Friday Autumn Equinox Tokyo Stock ExchangeJapan
10/10/2011 Monday Health-Sports Day Tokyo Stock ExchangeJapan
11/03/2011 Thursday Culture Day Tokyo Stock ExchangeJapan
11/23/2011 Wednesday Labour Thanksgiving Day Tokyo Stock ExchangeJapan
12/23/2011 Friday Emperor's Birthday Tokyo Stock ExchangeJapan
James48843
Well-known member
Nikkei is closed today for holiday (see list above), but the other Asian markets are all going gangbusters overnight- ALL up between 1/2% and 1%
James48843
Well-known member
the I fund going to take a big hit tomorrow-
the Japanese Nikkei 225 just opened, and is now down 5% in the first eleven minutes of stock trading.
http://finance.yahoo.com/q?s=^N225
Nikkei 225 now down 531.78 points, (-5.19%), at 9,713.68 as I write this.
James48843
Well-known member
The Nikkei 225 ended up down -6.18% last night.
Bad day for the I fund today. The Nikkei 225 makes up almost 25% of the I fund value.
Ouch! The EFA is down about 2% this morning. Unfortunately I'm already in the I-fund but I think I'll buy some EFA here near 58.00.
James48843
Well-known member
Nikkei 225 is down another (-6.51%) in the first half-hour of trading today (Tuesday).
James48843
Well-known member
Nikkei now showing down -8.19%.
James48843
Well-known member
Nikkei now showing down -10.55% -10.55% !!
and Hang Seng now down -3.26% too.
That's some SERIOUS STUFF THERE.
Asian Contagion setting in?
James48843
Well-known member
It's a Merry Day-After-Christmas in Japan this morning (Boxing Day)- Nikkei is UP +1.13% in early trading.
Sensei
Well-known member
True, but the TSE was closed for the Emperor's birthday on 12/23, so today was just a catch-up day. The question is which direction it will head tomorrow, prior to the open of our market. My instincts say flat - just waiting to see what we do.Similar threads
