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Daily Market Analysis By FXOpen
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[QUOTE="FXOpen Trader, post: 335573, member: 104606"] [B][SIZE=5]Nikkei 225 Index Price Sets 34-year High[/SIZE][/B] [img]https://i.imgur.com/JWuxPjs.png[/img] The price of the Nikkei 225 index is fixed above the level of 37,000 points. The last time this happened was after the index reached its all-time high in 1989. The bullish behavior of the Japanese stock market has the following reasons: → Strong corporate reporting. In particular, SoftBank shares rose 11% due to increased sales of its subsidiary Arm, which develops chips for the development of artificial intelligence. → Dovish view of the Bank of Japan's monetary policy. Thus, Bank of Japan Vice Governor Shinichi Uchida said that the central bank will not aggressively tighten its monetary policy even if it ultimately decides to end negative interest rates. [img]https://i.imgur.com/l7M7R1b.png[/img] [B][URL="https://fxopen.com/blog/en/oa-nikkei-225-index-price-sets-34-year-high/?utm_source=tptforum&utm_medium=analysis&utm_campaign=resolve"]VIEW FULL ANALYSIS VISIT - FXOpen Blog...[/URL][/B] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. [/I] [/QUOTE]
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