1. Tokyo's Nikkei 225 stock index decreased on Tuesday, marking a three-day drop.
- This was due to some investors selling shares following Trump's firing of a Fed governor.
2. The Nikkei 225 closed at 42,394, representing a 0.97% decline.
- The yen briefly strengthened against the dollar after the news, causing export-related share selling and a further drop in the index.
3. The yield on Japan's 10-year government bonds rose to nearly a 17-year high at 1.62%.
- This increase occurred due to some investors speculating that the Bank of Japan might raise interest rates earlier than anticipated, leading to bond selling.
- This was due to some investors selling shares following Trump's firing of a Fed governor.
2. The Nikkei 225 closed at 42,394, representing a 0.97% decline.
- The yen briefly strengthened against the dollar after the news, causing export-related share selling and a further drop in the index.
3. The yield on Japan's 10-year government bonds rose to nearly a 17-year high at 1.62%.
- This increase occurred due to some investors speculating that the Bank of Japan might raise interest rates earlier than anticipated, leading to bond selling.
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Summary
Tokyo's Nikkei 225 stock index dropped for three consecutive days on Tuesday, with a 0.97% decline to close at 42,394. This sell-off was triggered by some investors shedding shares following Trump's dismissal of a Fed governor and the subsequent yen strengthening against the dollar. The yen's