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
As U.S. President Trump once again signaled a de-escalation of tensions in the Middle East, global markets swiftly entered "TACO trade" mode: risk assets rallied, safe-haven assets retrea
WTI rises back above mid-$90.00s amid Middle East tensions and supply risksWest Texas Intermediate (WTI) Crude Oil prices gain traction in Asian trading Tuesday, building on Monday’s rebound from the $84.00 mark, a near two-week low. The commodity climbs above the mid-$90.00s, supported by supply fears.
West Texas Intermediate (WTI) Crude Oil prices gain traction in Asian trading Tuesday, building on Monday’s rebound from the $84.00 mark, a near two-week low. The commodity climbs above the mid-$90.00s, supported by supply fears.
At 3:21 AM Beijing time during the Asian trading session, Spot gold (XAUUSD) fell nearly 9% intraday, at one point dropping below the $4,100 per ounce mark. This not only erased all gains
Iran’s Islamic Revolutionary Guard Corps (IRGC) said that it will completely shut the strait if US President Donald Trump proceeds with his threats to target Iranian energy facilities, the Guardian reported on Monday.
$180 Oil Prices Imminent? Saudi Arabia Warns: Crisis to Last Until Late April, Oil Prices Will Break Historic HighsThe continuous escalation of geopolitical conflicts in the Middle East is pushing global energy markets toward their most severe test in nearly 20 years.The Wall Street Journal reports th
The continuous escalation of geopolitical conflicts in the Middle East is pushing global energy markets toward their most severe test in nearly 20 years.The Wall Street Journal reports th
Related Instrument
