Gold still buys

Descending trendline retest

AUDUSD needs retracement at 0.6515

Breakout buy and retest on EURJPY

No end to the GBPJPY bullish sign

The Double Bottom can trigger a bullish breakout

EURUSD buys from 1.0730

EURUSD buys, but stalled on a monday holiday

Heavy support at 1937

EURUSD double bottom

Still looming for EURUSD longs

US Dollar Uptrend Has Started, Is It Time to Short EURUSD?

Stop hunts on RIPPLE

Still bullish on Gold

Still bullish on ripple

Stacks on Ripply

Still short on Bitcoin

Shorting ETH at the resistance

Taking a long position even after a loss

Expecting another corrective bearish leg before upside

Inverse head and shoulders formed

Ethereum retest at 1813

Bearish on Bitcoin

Waiting on Chainlink

0.4475 is the buy region for Ripple

Hawkish continuation of trend after a pullback

GBPJPY buys from 171.40

Double top on GBPJPY?

Still hovering GBPJPY

Fall on gold can be considered as last leg of bearish correction

Looking at gold buys from 1940

Gold pounced from support

Major support levels tapping

Textbook breakout and retest on NASDAQ

EURUSD to fall below 4HEMA200

Double bottom on support on EURUSD

EURUSD buys from support

EURUSD has still hidden bearish cards on the line

USDCHF to complete its correction before next fall

AUDUSD flooring at the support level

GBPUSD longs from double bottom

Gold buys from 1971

USDCAD seems to be getting ready for bullish run

AUDUSD tapping the support once again

Short Term Buying on AUDUSD

AUDUSD under selling pressure

Still believe for Gold to move up

Silver has provided some serious bearish breakouts on 4H

Kiwi struggling for sustenance above the DEMA200

Chainlink at the support level of 6.45

Breakout sells on Dow Jones 30

Daily and weekly resistance on NASDAQ

Gold to complete higher degree correction

AUDUSD breakout buy

Uptrend gold tapping major support

CADJPY looking for a retest of the resistance

Intraday EURUSD setup

Does XRP's Strong Bids at 0.41 Enough to Re-test 0.47?

GBPJPY testing the support

Shorts from retracement level

Longs at 50% retracement

EURUSD has turned favors to bearish trend

GBPJPY wants to fly high

Shorting gold till 1980?

Slipping on GBPJPY?

USDCHF to stay bearish until the break of TL above

Trendline speaks of bearish sentiments prevailing on USDCAD

EURUSD taking advantage of 1.0800 support

GBPJPY can go for a bearish run below the SL

Bitcoin to extend its complex correction before bullish run

Bitcoin still bearish

Minor resistance shorts on CADJPY

Chainlink buys from 6.32

Bitcoin will be bullish after bearish correction

EURUSD took a bearish turn

EURUSD completing daily cycle bearish correction

EURUSD maintaining steady bullish stance above TL

EURUSD still buys

ETH/USD bearish until touchdown at DEMA200

Bulls on bitcoin have completely dominated

Bearish flag pattern breached on gold

Lets buy ETHEREUM at 61.8%

EURUSD to auction surprising gains depending on fundamentals

It looks like Cables will be extending its corrective tone

Shorts on AUDJPY till the trendline retest

EURJPY stacks on double bottom

Missed the initial push up

135.00 can act as a strong support for CPI release

2nd Move Down Fresh Lows Were Held Longs Recovered

AUDUSD still bearish below 0.6806 levels

Still waiting on gold sells

Loonie can find an escape for retesting DEMA200

NASDAQ at support of 13180

EURUSD waiting for NFP to move up?

EURUSD stacks on buys

XRP can provide bullish sentiments above the OB

Litecoin building bullish momentum above liquidity zone

Ripple still ballistic being bullish

Good move on ripple?

In Tokyo the Nikkei 225 Index fell 445 points or 1.42 percent on Wednesday. Leading the losses are Marubeni (-5.42%), Showa Denko (-4.59%) and Mitsui (-4.54%).

The Nikkei 225 Index dropped 1.42%

The Nikkei 225 Index fell 0.8% to below 31,100 while the broader Topix Index dropped 0.9% to 2,139 on Wednesday, with Japanese shares retreating further from over three-decade highs amid a broad market decline. Investors also digested data showing industrial production in Japan unexpectedly declined in April, while retail sales growth missed forecasts. Energy and mining stocks led the retreat on weaker commodity prices, with losses from Nippon Steel (-1.8%), Sumitomo Metal (-1.3%), Kobe Steel (-1.7%), Inpex Corp (-1.6%) and Eneos Holdings (-1.4%). Technology stocks also eased further from recent highs, including Advantest (-2%), Tokyo Electron (-0.7%) and Keyence (-0.8%). Heavyweight automobile, healthcare and consumer-related names slumped as well, while financial stocks bucked the trend.

Japanese Shares Drop in Broad Decline

The Nikkei 225 Index rose 0.3% to close at 31,328 while the broader Topix Index fell 0.07% to 2,159 in mixed trade on Tuesday, as investors turned cautious ahead of a congressional vote on the tentative US debt ceiling deal. Investors also digested data showing Japan’s unemployment rate dropped to 2.6% in April from 2.8% in March, exceeding expectations for a slight fall to 2.7%. Still, Japanese stocks continued to outperform their global peers, with the benchmark indexes remaining close to their highest levels since 1990. Notable gains were seen from Advantest (2.4%), Toyota Motor (0.6%) and Fast Retailing (0.8%), while losses were seen from SoftBank Group (-0.6%), Japan Post (-0.9%) and Nippon Tel (-1.3%).

Japanese Shares Mixed on Tuesday

The Nikkei 225 Index fell 0.3% to below 31,200 while the broader Topix Index dropped 0.6% to 2,148 on Tuesday, giving back gains from the previous session as investors booked some profits following a strong rally that brought the benchmark indexes to over three-decade highs this month. Investors also digested data showing Japan’s unemployment rate dropped to 2.6% in April from 2.8% in March, exceeding expectations for a slight fall to 2.7%. Notable losses were seen from index heavyweights such as SoftBank Group (-3.5%), Tokyo Electron (-0.4%), Toyota Motor (-0.5%), Mitsui & Co (-0.8%) and Sony Group (-0.5%).

Japanese Shares Ease on Profit-Taking

In Tokyo the Nikkei 225 Index went up by 322 points or 1.04 percent on Monday. The rise was driven by Softbank (8.75%), Sumitomo (4.07%) and Marubeni (4.06%).

The Nikkei 225 Index increased 1.04%

The Nikkei 225 Index jumped 1.7% to reach fresh 33-year highs above 31,400 while the broader Topix Index gained 1% to 2,168 on Monday, as investors cheered news that US President Joe Biden and congressional leaders reached a tentative deal to raise the debt ceiling over the weekend. Japanese stocks have outperformed their global peers amid strong domestic earnings, while a weak yen boosted the outlook for the country’s export-heavy industries and made Japanese assets more attractive to foreign investors. Technology stocks led the rally, with solid gains from Advantest (5.2%), Tokyo Electron (2%), SoftBank Group (2.5%), Renesas Electronics (3.7%) and IBIDEN (5%). Other index heavyweights also advanced, including Mitsubishi UFJ (1.7%), Mitsui & Co (4.3%), Fast Retailing (1%), Nippon Yusen (3.4%) and Shin-Etsu Chemical (3.8%).

Japan’s Nikkei Scales Fresh 33-Year High

JP225 increased to a near 33-year high of 31622

Stocks in Japan Hit Near 33-year High

The Nikkei 225 Index rose 0.8% to above 31,000 while the broader Topix Index gained 0.2% to 2,150 on Friday, climbing back toward their highest levels in over three decades, as Japanese technology stocks tracked their US peers higher after Nvidia’s earnings report boosted the outlook for semiconductor and AI-related companies. Investors also digested data showing the core inflation rate in Japan’s capital, Tokyo, slowed more than expected in May but remained well above the central bank’s target. Gains in the technology sector were led by Tokyo Electron (5.1%), Advantest (1.5%), Renesas Electronics (3.7%), IBIDEN (4.8%) and SUMCO (2.8%). Other index heavyweights also advanced, including Sony Group (0.9%), SoftBank Group (0.5%), Shin-Etsu Chemical (1.5%), Mitsubishi Heavy (2.9%) and Oriental Land (2.3%).

Japanese Shares Climb on Tech Boost

The Nikkei 225 Index rose 0.25% to around 30,750 while the broader Topix Index shed 0.1% to 2,150 in mixed trade on Thursday, as gains among technology stocks offset losses in other sectors. Japanese technology names tracked Nasdaq futures higher as Nvidia shares surged in extended trading on solid quarterly results and stronger-than-expected revenue guidance driven by AI chip demand. Gains in the sector were led by Advantest (15.7%), Tokyo Electron (2.2%), Renesas Electronics (1.2%), IBIDEN (6.7%) and SUMCO (3.4%). Meanwhile, lingering uncertainties around the ongoing debt ceiling negotiations in Washington continued to weigh on market sentiment. Notable losses were seen from index heavyweights such as Mitsubishi UFJ (-0.9%), Toyota Motor (-0.7%), Fast Retailing (-0.6%), Hitachi (-1.4%) and Kawasaki Kisen (-2.7%).

Japanese Shares Mixed on Thursday

In Tokyo the Nikkei 225 Index fell 264 points or 0.85 percent on Wednesday. Leading the losses are Shiseido (-5.17%), CyberAgent (-4.34%) and Nippon Paper (-3.61%). Top gainers were Toyota Motor (5.25%), Kansai Electric Power (5.06%) and Tokyo Electric Power (3.79%).

The Nikkei 225 Index dropped 0.85%

The Nikkei 225 Index dropped 0.8% to below 30,800 while the broader Topix Index lost 0.3% to 2,155 on Wednesday, sliding for the second straight session as investors continued to book profits following a strong rally that brought the benchmark indexes to their highest levels since 1990. Japanese shares also tracked losses on Wall Street overnight as lingering uncertainty over the debt ceiling negotiations in the US continued to weigh on sentiment.  Meanwhile, the Reuters Tankan sentiment index for manufacturers in Japan turned positive for the first time this year in May as the economy recovers from a COVID-induced slowdown. Notable losses were seen from index heavyweights such as Tokyo Electron (-0.8%), Advantest (-0.6%), Oriental Land (-4.1%), Sony Group (-0.9%), Fast Retailing (-2.1%) and SoftBank Group (-1.6%).

Japanese Shares Slide for Second Session

The Nikkei 225 Index fell 0.42% to close at 30,958 while the broader Topix Index dropped 0.66% to 2,161 on Tuesday, as investors took some profits off the table following a strong rally that brought the benchmark indexes to their highest levels since 1990. Investors also cautiously awaited updates from the US debt ceiling negotiations, with Treasury Secretary Janet Yellen reaffirming that the US could be at risk of debt default by June 1. Meanwhile, data showed that Japan’s manufacturing sector returned to growth in May for the first time since October, while services activity notched a record high. Notable losses were seen from index heavyweights such as Tokyo Electron (-2.6%), Toyota Motor (-4.8%), Advantest (-1.7%), Sony Group (-2.2%), Nintendo (-1.2%) and Daikin Industries (-1.7%).

Japanese Shares Slip on Profit-Taking

The Nikkei 225 Index jumped 0.8% to above 31,300 while the broader Topix Index gained 0.5% to 2,186 on Tuesday, with both benchmarks scaling their highest levels since 1990 as investors cheered robust domestic data. Latest data showed that Japan’s manufacturing sector returned to growth in May for the first time since October, while services activity notched a record high. Japanese shares also tracked US futures higher on growing optimism that the US government would strike a deal to raise the debt ceiling and avoid a default. Nearly all sectors participated in the rally, with notable gains from index heavyweights such as Mitsubishi UFJ (0.9%), Advantest (1.9%), Recruit Holdings (4.3%), Mitsubishi Corp (1.6%) and Toyota Motor (1.1%).

Japanese Shares Jump on Strong Data

In Tokyo the Nikkei 225 Index went up by 262 points or 0.85 percent on Monday. The rise was driven by Fujikura (7.17%), Tokio Marine (5.30%) and Kawasaki (3.54%). Biggest losses came from Toyo Seikan (-2.83%), Daiichi Sankyo (-2.13%) and Sky Perfect JSAT (-1.63%).

The Nikkei 225 Index increased 0.85%

The Nikkei 225 Index was little changed around 30,808 while the broader Topix Index rose 0.2% to 2,166 on Monday, with both benchmarks hovering near their highest levels in over three decades, as Japanese markets looked to build on strong gains from last week. Investors also digested data showing the country’s machinery orders, which is regarded as a leading indicator of capital spending in the coming six to nine months, unexpectedly declined in March. Notable gains were seen from index heavyweights such as Advantest (1.9%), Sumitomo Mitsui (0.9%), Japan Tobacco (1.5%), Nintendo (0.8%) and Nippon Tel (1.2%). In corporate news, Tokio Marine Holdings jumped 5% after the company announced late on Friday that it would buy back up to 1.5% of its own shares worth 50 billion yen.

Japanese Shares Hover Multi-Decade Highs

In Tokyo the Nikkei 225 Index rose 251 points or 0.82 percent on Friday. Leading the gains are Ricoh (7.50%), Japan Steel Works (5.12%) and Olympus (5.00%). Top losers were Nippon Paper (-2.74%), CyberAgent (-2.73%) and Tokyu Corporation (-2.71%).

The Nikkei 225 Index rose 0.82%

The Nikkei 225 Index rose 0.5% to above 30,700 while the broader Topix Index gained 0.2% to 2,163 on Friday, with both benchmarks reaching their highest levels since August 1990 as strong domestic earnings and a weak yen boosted the outlook for Japanese stocks. Local shares also tracked gains on Wall Street overnight as progress on debt ceiling negotiations and upbeat corporate updates in the US lifted market sentiment. Moreover, investors digested data showing Japan’s core accelerated again in April, challenging the Bank of Japan's view inflation will slow back below its target later this year as cost pressures dissipate. Technology stocks led the charge, with strong gains from Tokyo Electron (0.2%), SoftBank Group (0.6%), Abalance (7.3%), Keyence (1.3%) and Recruit Holdings (3.1%).

Japanese Shares Hit Near 33-Year Highs

JP225 increased to a near 33-year high of 30914

In Tokyo the Nikkei 225 Index gained 251 points or 0.84 percent on Wednesday. Gains were led by Advantest (8.52%), Sony (5.97%) and Tokyo Electron (5.28%). Biggest losers were Tokyo Electric Power (-4.75%), CyberAgent (-2.99%) and Chubu Electric Power (-2.75%).

The Nikkei 225 Index went up by 0.84%

The Nikkei 225 Index jumped 1.2% to around 30,500 on Thursday, rising for the sixth straight session to its highest levels in twenty months as strong domestic earnings and a weak yen boosted the outlook for Japanese stocks. The Topix Index also gained 0.9% to around 2,150, climbing its strongest levels over 32 years. Japanese shares also tracked a sharp rally on Wall Street overnight as investors remained hopeful that a US default would be averted. Meanwhile, investors reacted to data showing Japanese exports growth slowed in April, while imports declined more than expected. Technology stocks led the rally, with gains from Tokyo Electron (3.4%), Advantest (5.6%) and Recruit Holdings (3%). Other index heavyweights also advanced, including Sony Group (3.6%), Nintendo (1.9%) and Fast Retailing (2%).

Japanese Shares Extend Winning Streak

In Tokyo the Nikkei 225 Index went up by 241 points or 0.81 percent on Wednesday. The rise was driven by Softbank (4.58%), Dainippon Screen (3.62%) and Advantest (3.51%). Biggest losses came from Sumitomo Dainippon (-4.69%), Yaskawa Electric (-4.19%) and Konica Minolta (-3.85%).

The Nikkei 225 Index increased 0.81%

The Nikkei 225 Index climbed 0.4% to hit the 30,000 mark for the first time since September 2021 on Wednesday, as investors cheered stronger-than-expected economic data in Japan. The Topix Index also gained 0.2% to above 2,130, reaching its highest levels in over 32 years. Official data showed that Japan’s economy expanded more than expected in the first quarter due to a boost in consumption and a surprise rebound in capital expenditures. Technology stocks led the charge, with strong gains from Tokyo Electron (2.6%), SoftBank Group (2.6%), Advantest (1.4%), Renesas Electronics (1.5%) and Lasertec (1.4%). Other index heavyweights also advanced, including Mitsubishi UFJ (1.2%), Nintendo (1.2%) and Oriental Land (1.7%).

Japanese Shares Climb After Strong Data

Japan Stock Market Index (JP225) rose above 30000 points.

Japan Stock Market Index (JP225) above 30000

In Tokyo the Nikkei 225 Index rose 223 points or 0.75 percent on Tuesday. Leading the gains are Kajima (6.04%), Advantest (5.60%) and T&D Holdings (4.85%). Top losers were Konica Minolta (-11.44%), Dentsu (-7.56%) and Sumitomo Dainippon (-7.21%).

The Nikkei 225 Index rose 0.75%

The Nikkei 225 Index jumped 0.8% to 18-month highs above 29,800 while the broader Topix Index gained 0.4% to reach over 32-year highs above 2,120 on Tuesday, as strong domestic earnings and a weak yen boosted the outlook for Japanese stocks. Local markets also tracked gains on Wall Street overnight as investors remained hopeful that the US government would reach a deal on raising the debt ceiling. Technology stocks led the charge, with strong gains from Tokyo Electron (3.7%), Abalance Corp (23.6%), Recruit Holdings (3.4%), Advantest (4.1%) and SoftBank Group (1.2%). Other index heavyweights also advanced, including Mitsubishi UFJ (2.8%), Nippon Tel (1.2%) and Fast Retailing (1.4%).

Japan’s Topix Hits 32-Year High

JP225 increased to a 17-month high of 29837

Stocks in Japan Hit 17-month High

In Tokyo the Nikkei 225 Index gained 221 points or 0.75 percent on Monday. Gains were led by NSK (13.53%), Shinsei Bank (8.55%) and Toyo Seikan (7.70%). Biggest losers were Olympus (-6.42%), Sumitomo Heavy Inds. (-5.12%) and NTN (-3.65%).

The Nikkei 225 Index went up by 0.75%

The Nikkei 225 Index rose 0.45% to 29,520 while the broader Topix Index gained 0.5% to 2,107 on Monday, reaching their highest levels in one-and-a-half years, underpinned by strong domestic earnings and a weak yen. Investors also cheered data showing April producer prices in Japan rose the least in 20 months amid signs easing raw materials costs. Financial firms led the charge, with notable gains from Mitsubishi UFJ (0.9%), Sumitomo Mitsui (0.9%) and SBI Shinsei Bank (8.4%). Other index heavyweights also advanced, including Nippon Tel (4.1%), Nippon Steel (1.2%), Sony Group (0.9%), Shiseido Company (5%) and KDDI Corp (2.9%).

Japanese Shares Hit 1-½-Year Highs

In Tokyo the Nikkei 225 Index went up by 275 points or 0.95 percent on Friday. The rise was driven by Kobelco (10.00%), Sumitomo Realty & Development (8.75%) and Sapporo (6.33%). Biggest losses came from Casio Computer (-6.66%), Tosoh (-3.89%) and Trend Micro (-3.75%).

The Nikkei 225 Index increased 0.95%

The Nikkei 225 Index jumped 0.8% to above 29,300 while the broader Topix Index gained 0.5% to 2,094 on Friday, with the former hitting over 17-month highs, lifted by gains in technology and consumer-related stocks. Meanwhile, investors remain cautious amid mixed domestic earnings results, while continuing to assess the economic and monetary policy outlook globally. Gains in the technology and consumer sectors were led by Tokyo Electron (2.2%), Keyence (3%), Advantest (3.4%), Sony Group (1.8%), Fast Retailing (1.2%) and Toyota Motor (1.5%). Other index heavyweights also advanced, including KDDI Corp (2.6%), Olympus Corp (3.4%) and Nippon Steel (0.7%). The benchmark indexes are on track to end the week higher.

Japan’s Nikkei Hits Over 17-Month High

The Nikkei 225 Index fell 0.1% to around 29,090 while the broader Topix Index dropped 0.12% to 2,083 on Thursday, extending losses from the previous session, as investors adopted a cautious stance while assessing the economic and monetary policy outlook globally. Latest data showed that consumer inflation in the US unexpectedly slowed last month, supporting expectations that the Federal Reserve could pause its interest rate hikes soon. Meanwhile, mixed domestic earnings results weighed on sentiment, with the majority of Japanese companies set to report this week. Notable losses were seen from heavyweight firms including Mitsubishi Heavy Industries (-2.9%), Sumitomo Metal (-11.3%), Nippon Yusen (-2.2%), SoftBank Group (-0.9%) and Nintendo (-1.7%).

Japanese Shares Decline for Second Session

The Nikkei 225 Index fell 0.4% to around 29,125 while the broader Topix Index lost 0.3% to 2,092 on Wednesday, giving back gains from the previous session, as caution dominated sentiment ahead of key US inflation data that could throw light on whether the Federal Reserve will need to tighten policy further. Investors also reacted to data showing Japan’s foreign reserves reached eight-month highs in April as authorities conducted no currency intervention operations in the first quarter of 2023. Notable losses were seen from index heavyweights such as Nintendo (-0.5%), Toyota Motor (-0.6%), Daikin Industries (-1.5%), Sony Group (-0.4%) and Tokyo Electron (-1.5%). In corporate news, Mitsubishi Motor dropped 8% on speculations that the Japanese carmaker could exit China due to poor sales.

Japanese Shares Fall Amid Market Caution

In Tokyo the Nikkei 225 Index went up by 289 points or 1.00 percent on Tuesday. The rise was driven by JFE Holdings (13.59%), Kawasaki Kisen (9.11%) and Sumitomo (6.55%). Biggest losses came from Ricoh (-7.33%), Chiyoda (-4.68%) and Konica Minolta (-1.38%).

The Nikkei 225 Index increased 1.00%

The Nikkei 225 Index rose 0.4% to around 29,080 while the broader Topix Index climbed 0.5% to 2,082 on Tuesday, recouping losses from the previous session, with nearly all sectors participating in the rally. Still, investors remain cautious amid heightened economic uncertainties and the possibility of a global recession. Resource-related stocks led the charge on firmer commodity prices, with gains from JFE Holdings (13%), Nippon Steel (3.8%), Kobe Steel (3.8%), Inpex Corp (0.7%) and Eneos Holdings (0.5%). Other index heavyweights also advanced, including Kawasaki Kisen (6.6%), Tokyo Electron (1.1%), Sony Group (1.6%), Toyota Motor (1.3%) and Mitsui & Co (2.8%).

Japanese Shares Rise in Broad Advance

In Tokyo the Nikkei 225 Index fell 209 points or 0.72 percent on Monday. Leading the losses are Shiseido (-4.81%), Fast Retailing (-2.72%) and Daiichi Sankyo (-2.69%). Top gainers were Toyobo (2.31%), Eisai (2.26%) and Kawasaki Kisen (2.24%).

The Nikkei 225 Index dropped 0.72%

The Nikkei 225 Index fell 0.7% to around 28,960 while the broader Topix Index lost 0.1% to 2,073 on Monday, as Japanese markets caught up with global peers after a three-day holiday. Investors also digested the latest Bank of Japan policy meeting minutes which showed that board members discussed concerns over inflation rising more than expected, but warned against hasty changes to monetary policy. One member said that missing a chance to achieve price stability due to a hasty policy change should be considered a bigger risk than a delay in policy change. Notable losses were seen from index heavyweights including Mitsubishi UFJ (-1.5%), Sony Group (-1.2%), Fast Retailing (-2.2%), SoftBank Group (-1.4%) and Shiseido Company (-4.8%).

Japanese Shares Fall in Post-Holiday Trade

The Nikkei 225 Index rose 0.2% to around 29,170 while the broader Topix Index fell 0.2% to 2,073 in mixed trade on Tuesday, with Japanese stocks struggling for direction amid weak cues from Wall Street overnight. Meanwhile, the benchmark indexes reached multi-month highs on Monday as the Bank of Japan’s dovish stance spurred a selloff in the yen, boosting the outlook for export-heavy Japanese industries and making Japanese assets more attractive to foreign investors. Japanese stocks traded mixed on Tuesday, with gains from Tokyo Electron (1%), Fast Retailing (0.7%) and Oriental Land (0.3%), while losses were seen from Mitsubishi UFJ (-1.2%), Sony Group (-0.4%) and Toyota Motor (-0.6%). In corporate news, speculations about a management buyout of SoftBank Group was reignited after Arm confidentially filed for a US stocks market listing.

Japanese Shares Struggle for Direction

JP225 increased to a 15-month high of 29274

Stocks in Japan Hit 15-month High

In Tokyo the Nikkei 225 Index went up by 291 points or 1.01 percent on Monday. The rise was driven by NEC (14.20%), Odakyu Electric Railway (5.53%) and Keisei Electric Railway (4.90%).

The Nikkei 225 Index increased 1.01%

The Nikkei 225 Index jumped 0.8% to above 29,000 while the broader Topix Index gained 0.7% to 2,072 on Monday, with both benchmarks rising for the third straight session to hit their highest levels in at least eight months. On Friday, the Bank of Japan maintained its ultra-easy monetary policy and made no adjustments to its yield curve control. However, the BOJ said it will remove forward guidance that pledges to keep interest rates at current or low levels. Strong gains were seen from index heavyweights such as Keyence (3.1%), SoftBank Group (2.1%), Mitsubishi UFJ (1.2%), Shin-Etsu Chemical (2.1%) and Toyota Motor (0.8%). In corporate news, Mercari Inc surged 13.4% after the e-commerce company reported better-than-expected earnings in the latest quarter.

Japanese Shares Hit Multi-Month Highs

The Nikkei 225 Index jumped 1.4% to close at 28,856 while the broader Topix Index gained 1.23% to 2,057 on Friday, rising for the second straight session and hitting multi-month highs as the Bank of Japan maintained its ultra-easy monetary policy and made no adjustments to its yield curve control. However, the BOJ said it will remove forward guidance that pledges to keep interest rates at current or low levels. Japanese shares also tracked gains on Wall Street overnight, as an earnings-induced rally in big tech stocks offset concerns that further Federal Reserve monetary tightening could dampen economic growth. Strong gains were seen from index heavyweights such as Toyota Motor (1.8%), SoftBank Group (3%), Sony Group (2.1%), Tokyo Electron (1.9%) and Daikin Industries (3.3%).

Japanese Shares Jump After BOJ Decision

JP225 increased to a 35-week high of 28814

Stocks in Japan Hit 35-week High

The Nikkei 225 Index climbed 0.6% to above 28,600 while the broader Topix Index gained 0.5% to 2,042 on Friday, rising for the second straight session, as investors prepared for the Bank of Japan’s policy decision. The BOJ is widely expected to maintain massive stimulus as it aims to keep the economic momentum going while achieving the 2% inflation target in a sustainable manner. Japanese shares also tracked gains on Wall Street overnight, as an earnings-induced rally in big tech stocks offset concerns that further Federal Reserve monetary tightening could dampen economic growth. Strong gains were seen from index heavyweights such as Toyota Motor (1.3%), SoftBank Group (1.2%), Denso Corp (2.9%), Daikin Industries (2.2%) and Ana Holdings (1.7%).

Japanese Shares Climb Ahead of BOJ Decision

The Nikkei 225 Index rose 0.15% to close at 28,458 while the broader Topix Index gained 0.43% to 2,033 on Thursday, recouping some losses from the previous session as the Bank of Japan kicked off a two-day monetary policy meeting, the first to be led by new BOJ governor Kazuo Ueda. The BOJ is widely expected to maintain its policy of ultra-low interest rates as it aims to keep the economy supported while achieving price stability. Meanwhile, investors remain cautious amid global economic uncertainties and renewed fears over the US banking sector. Notable gains were seen from index heavyweights such as Sony Group (3.5%), Canon (5.2%), Mitsubishi UFJ (2%), Denso Corp (3.4%) and Toyota Motor (1.2%).

Japanese Shares Rise as Focus Turns to BOJ

The Nikkei 225 Index fell 0.4% to below 28,350 while the broader Topix Index lost 0.35% to 2,017 on Thursday, sliding for the second straight session as the Bank of Japan kicks off a two-day monetary policy meeting, the first to be led by new BOJ governor Kazuo Ueda. Sentiment also took a hit from heightened global economic uncertainties and renewed fears over the US banking sector. Technology stocks led the decline, with sharp losses from Advantest (-12%), SoftBank Group (-0.7%), Tokyo Electron (-1.5%), Renesas Electronics (-2.2%) and Recruit Holdings (-0.8%). Other index heavyweights also slumped, including Nippon Yusen (-1.5%), Nippon Steel (-0.5%) and Shin-Etsu Chemical (-1.4%).

Japanese Shares Slip as BOJ Meeting Starts

In Tokyo the Nikkei 225 Index fell 181 points or 0.63 percent on Wednesday. Leading the losses are M3 Inc (-3.67%), Nippon Kayaku (-3.23%) and Shinsei Bank (-2.54%). Top gainers were Shimizu Corporation (9.08%), Obayashi (4.48%) and Taisei (4.15%).

The Nikkei 225 Index dropped 0.63%

The Nikkei 225 Index fell 0.3% to below 28,600 while the broader Topix Index dropped 0.6% to 2,029 on Wednesday, snapping a two-day advanced and taking cues from a negative lead on Wall Street, as disappointing news from First Republic Bank reignited fears about a wider impact from the banking crisis. Investors also look ahead to the Bank of Japan’s monetary policy meeting this week, the first to be led by new central bank chief Kazuo Ueda. Financial and commodity-linked stocks led the decline, with losses from Mitsubishi UFJ (-1.7%), Sumitomo Mitsui (-2%) and Nippon Steel (-1.1%). Other index heavyweights also slumped, including Hitachi (-2%), Nidec (-1.2%) and Sony Group (-1.1%).

Japanese Shares Track Wall Street Lower

The Nikkei 225 Index rose 0.3% to around 28,680 while the broader Topix Index gained 0.8% to 2,053 on Tuesday, rising for the second straight session amid an improving risk sentiment. Investors also look ahead to the Bank of Japan’s monetary policy meeting this week, the first to be led by new central bank chief Kazuo Ueda. The BOJ is widely expected to maintain its policy of ultra-low interest rates as policymakers aim to achieve price stability. Nearly all sectors participated in the advance, with notable gains from index heavyweights such as Mitsubishi UFJ (0.8%), Nintendo (0.7%), Toyota Motor (0.4%), Tokyo Electron (0.9%) and SoftBank Group (0.2%). Nidec also rose 2.7% even after the electric motor maker posted its first quarterly operating loss in ten years amid high restructuring costs and supply chain constraints.

Japanese Shares Climb for Second Session

The Nikkei 225 Index rose 0.34% to 28,661 while the broader Topix Index gained 0.33% to 2,042 on Monday, erasing losses from the previous session as investors look ahead to the Bank of Japan’s monetary policy meeting this week, the first to be led by new BOJ governor Kazuo Ueda. Meanwhile, investors remain cautious amid heightened global economic uncertainties and the prospect of further interest rate hikes. Notable gains were seen from heavyweight stocks such as SoftBank Group (2.1%), Nintendo (0.9%), and Hitachi (1.2%). Newly-listed firms Rakuten Bank and ispace also surged 2.9% and 12%, respectively, while Ana Holdings jumped 3.3% after the Japanese airliner raised its profit estimate due to a lower fuel costs and a stronger yen.

Japanese Shares Rise in Cautious Trade

The Nikkei 225 Index rose 0.3% to above 28,700 while the broader Topix Index inched up 0.05% to 2,041 on Friday, with the former hitting eight-month highs as investors digested data showing Japan’s core inflation came in at 3.1% in March, unchanged from February which was the lowest in five months. Manufacturing activity in the country also improved in April amid further economic recovery. Notable gains were seen from index heavyweights such as Tokyo Electron (3.3%), Advantest (4.3%), Sony Group (0.2%), Hitachi (1.1%) and Kawasaki Kisen (0.7%). The Nikkei 225 and Topix indexes are on track to gain 0.6% and 1.3% this week, respectively, for their second consecutive weekly advance.

Japanese Shares Rise After Inflation Data

The Nikkei 225 Index fell 0.5% to around 28,580 while the broader Topix Index lost 0.2% to 2,035 on Thursday, with both benchmarks sliding for the second straight session, as investors continued to grapple with heightened global economic uncertainties and the prospect of further interest rate rises. Investors also digested data showing Japanese exports grew more than expected in March, though the country posted a trade deficit for the 20th consecutive month. Notable losses were seen from index heavyweights such as SoftBank Group (-2.2%), Toyota Motor (-1.1%), Nippon Yusen (-1.1%), Mitsubishi Corp (-1.3%), Nintendo (-1.1%) and Sony Group (-0.6%).

Japanese Shares Fall for Second Session

The Nikkei 225 Index fell 0.35% to around 28,560 while the broader Topix Index lost 0.3% to 2,035 on Wednesday, with both benchmarks retreating from give-week highs, weighed down by losses in technology stocks amid concerns about further US interest rate rises. Investors also digested data showing large Japanese manufacturing firms remained pessimistic for the fourth straight month in April as slowing global growth dimmed prospects for an export-led recovery. Losses in the technology sector were led by Lasertec (-1.9%), Abalance Corp (-13.1%), ispace Inc (-4.1%), Capcom Co (-4.3%) and Recruit Holdings (-1.2%). Other index heavyweights also declined, including Shin-Etsu Chemical (-1.3%), Nintendo (-0.6%) and Toyota Motor (-0.5%).

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