Nikkei saves weak after a sharp fall – Stock Exchange and Finance



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The Nikkei index rose slightly by 0.89% in Tokyo after a sharp decline on Christmas Day.

The index is the second day of Christmas with 19,327 points and has fallen nearly 20% in the last three months. For the year, the fall is slightly over 15%.

The Shanghai and South Korea stock markets are down 0.26% and 0.60% respectively.

On the first day of Christmas, Nikkei fell by more than 5% to 19,155 points, after Wall Street trading had the worst Christmas Eve of the stock market.

Troubles around Trump

According to Bloomberg, it is mainly the political troubles that seem to worry investors.

Read also: The stock market turbulence continues: – 2018 is the year of anxiety

Finance Minister Steven Mnuchin this week held talks with top executives of the country's six largest commercial banks to discuss bank liquidity and also denied rumors that the president was interested in getting rid of Governor Jerome Powell .

On the first day of Christmas, sources told Bloomberg that the president should have considered dismissing Finance Minister Mnuchin, which had been rejected by the president himself.

The trade war, the fear of a slowdown in the growth of the global economy and interest rate increases were also cited to explain the sharp fall in global stock markets.

The reduction in the interest rate differential between 10-year government bonds and shorter-maturity bonds, which in the past had warned of further recessions, was also the subject of a lot of attention.

The Oslo Stock Exchange closes the second day of Christmas and opens on December 27th. The Wall Street Exchange is open for half a day.

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