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Japan’s Nikkei rises on weaker yen and tech sector gains

The Nikkei 225 Index rebounded, closing 1.8% higher, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a softer yen. We see here that the Nikkei 225 has experienced a solid upward momentum which marks a 0.67% increase. This positive movement aligns with the global trend of heightened risk appetite, largely driven by encouraging economic signals from the United States. Read more for the latest updates about why Nikkei rising.

why Nikkei rising

Disclaimer:

Looking ahead, the Japanese market will likely remain influenced by both domestic factors, such as the yen’s movements, and global economic developments, particularly the upcoming insights from the Federal Reserve. Traders are advised to prioritize proper risk management to make well-informed trading decisions.

Publication date:

2024-08-24 14:10:23 (GMT)

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