Daily News | Wall Street highs helping Japanese markets

The end of this week’s global trading is slowly approaching, which means you have just a couple of precious days to make the most of what the market has to offer! We will help you out by providing you with the best information out there, which, this Thursday, concerns the Japanese yen. From Tuesday to Wednesday, the currency fell from $0.00908 to $0.00903. This happened as Japanese stocks rose for a third day, leading to a one-month high, after Wall Street strengthened. The Nikkei rose 0.5%, landing at 19,865.82 points, its highest close since August 8th. Brokerage and banking sectors outperformed, with Nomura Holdings and Mitsubishi UFJ Financial Group gaining 2.4% and 1.5%, respectively. The drop in the yen also helped exporters, such as machinery, electronics products and automobile makers. We will keep you in the loop regarding Japanese market performance, but let us now look at the situation in the States. In the same period, the USD rose from €0.8354 to €0.8413. The S&P and the Dow did not change much on Wednesday, but the Nasdaq Composite dropped because of a 1% fall in Apple’s shares over delayed shipping and significant price tag of the new iPhone X. We will keep you informed tomorrow as well, you will not want to miss that!

Daily News | See how you can start trading

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