Nikkei (USD) Futures
Panjang

FAVORITE TRADE: NIKKEI225 & is this the beginning of the end?

71
$NKD1

Key Points from the News:

Japan's Industrial Production:

Japan's industrial production jumped by 3.6% in May. This is a significant positive indicator for the Japanese economy, suggesting robust manufacturing and industrial activity.

Nikkei 225 Index:

The Nikkei 225 Index closed 2.35% lower. This decline in the index could be influenced by various factors including market sentiment, global economic conditions, and recent economic data.
Japanese stocks have been volatile amid a surge in the Yen and speculation about possible intervention by the Japanese government or central bank.

Yen Movements:

The Yen has been choppy on intervention jitters, indicating that traders are nervous about potential government intervention to control the currency's strength.

Yen's movements are affecting Asian shares, with a focus on weekly gains.

Penafian

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