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Tag: crypto

Posted on 09/08/2024

3 Blockchain Stocks to Sell Before the Crypto Winter of 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips I’ll admit, I was quite optimistic about where the crypto market was ...

Posted on 09/08/2024

Volatile Day for Japanese Stocks as Nikkei Closes Down, Raising Red Flag for U.S. Investors

Japan's Nikkei Stock Average fell 0.7% to close at 34831.15 after swinging between gains and losses. The U.S. stock markets' slide following a weak sale of Treasurys on Wednesday underscores the fragility of global financial markets,

Posted on 09/08/2024

FirstCry IPO sees strong institutional investor interest; gets oversubscribed on Day 3

FirstCry’s market position as a hyper focused retail platform is working in its favor to drive Qualified Institutional Buyer (QIB) bids.

Posted on 09/08/2024

Japan nearly blew up global markets this week – here’s how it could happen again

“Basically, a lot of investors – some Japanese, many international – would borrow money in yen at a very low rate to invest in other countries where yields are higher,” says Andres Sanchez Balcazar, Head of Global Bonds at Pictet Asset Management.

Posted on 08/08/2024

Nikkei Rallies and Japanese Tech Stocks Recover

After suffering its worst day in percentage terms since 1987, Japan’s Nikkei Stock Average is on track for one of its best days. The average is up more than 10%, recovering most of the

Posted on 08/08/2024

Japan got so spooked by Monday’s market meltdown that it’s now playing cool on more interest-rate hikes

Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets over the edge, amid existing macro concerns.

Posted on 08/08/2024

Japan got so spooked by Monday’s market meltdown that it’s now playing cool on more interest-rate hikes

Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets over the edge, amid existing macro concerns.

Posted on 08/08/2024

Japan Intervened in FX Market Twice in Spring to Support Yen

Japan stepped into the foreign exchange market twice between April and June, according to a report on the government’s record intervention earlier this year.

Posted on 08/08/2024

Japan closely watching stock moves but is not in a phase of action, finance minister says

Japanese authorities are closely watching stock market developments but are not in a phase of taking specific actions, Finance Minister Shunichi Suzuki said on Thursday, as volatility in the country's ...

Posted on 08/08/2024

Japan’s 30-Year Bond Auction Draws Decent Demand After BOJ Hike

The average bid-to-cover ratio for the debt rose to 3.47, the highest in two months, in the sale by the Ministry of Finance of ¥900 billion ($6.1 billion) of benchmark bonds maturing in June 2054. The lowest price accepted was ¥99.3, exceeding the ¥99. ...

Posted on 08/08/2024

Bank of Japan’s surprise rate rise a real head-scratcher for some analysts

Some analysts are skeptical about consumption actually being stimulated, saying that positive wage growth will not necessarily guarantee that.

Posted on 08/08/2024

Japan authorities closely watching stock moves, not in phase of action, finance minister says

Japanese authorities are closely watching stock market developments but not in a phase of taking specific actions, Finance Minister Shunichi Suzuki said on Thursday, as the financial markets remain ...

Posted on 08/08/2024

Japan’s Suzuki: Closely watching volatile stock moves but not in phase of making actual action

Japan’s Finance Minister Shunichi Suzuki said on Thursday that he is “closely watching volatile stock moves but not in phase of making actual action.” Monetary policy specifics are up to the Bank of ...

Posted on 08/08/2024

Japan logs 12.68 tril. yen current account surplus in 1st half

Japan posted a 12.68 trillion yen ($87 billion) current account surplus in the first half of 2024, lifted by record returns on foreign investments amid a weak yen and a smaller trade deficit, the ...

Posted on 08/08/2024

Crypto was once touted as a ‘safe haven’ asset – why did it crash too this week?

In crypto markets, investors are used to sharp price fluctuations. Crypto volatility is typically an order of magnitude greater than that of traditional asset classes like stocks. But the single day drop in Bitcoin’s price was large, even by crypto ...

Posted on 08/08/2024

Crypto was once touted as a ‘safe haven’ asset – why did it crash too this week?

In crypto markets, investors are used to sharp price fluctuations. Crypto volatility is typically an order of magnitude greater than that of traditional asset classes like stocks. But the single day drop in Bitcoin’s price was large, even by crypto ...

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