Japan’s Hayashi: Stock prices are determined in the market based on various factors
Source Fxstreet
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that “stock prices are determined in the market based on various factors such as economic conditions and corporate activities.”
Additional comments
Will continue to pay close attention to markets with sense of urgency.
Important for currencies to move in stable manner reflecting fundamentals.
Closely watching FX moves.
Won't comment on forex levels.
Market reaction
At press time, USD/JPY is off the highs but traders near 149.50, up 0.13% on the day. The pair continues its wild swings amid a 4% slump in the Japanese indices.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI dataThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
Bitcoin nears $93,000 as lower-than-expected US inflation data supports a surge in risk assets.
Gold Price Forectast: XAU/USD rises above $4,600 on US rate cut expectations, Fed uncertainty Gold price (XAU/USD) rises to around $4,600 during the early Asian session on Wednesday. The precious metal gains momentum as traders firm up bets on US interest rate cuts after the release of inflation data.
Gold price (XAU/USD) rises to around $4,600 during the early Asian session on Wednesday. The precious metal gains momentum as traders firm up bets on US interest rate cuts after the release of inflation data.
Bank stocks will release fourth-quarter earnings this week, kicking off the 2026 U.S. earnings season.Tuesday will see JPMorgan Chase (JPM) reporting earnings, while Citigroup (C) , Wells
U.S. President Donald Trump's executive order has paved the way for cryptocurrencies to be included in 401(k) retirement plans, igniting debate on their volatility.
Related Instrument
