The Tokyo Stock Exchange closed a long session hesitant on Tuesday in the face of monetary policy uncertainties in the US on Tuesday, with investors finally welcoming, as in Hong Kong, a sign of easing of Sino-US tensions.
The Nikkei index of 225 Japanese equities rose 0.1% to 27,990.17 points and the broader Topix index gained 0.37% to 1,964.22 points.
“The announcements on the company results are almost over and the market is devoid of elements” that could guide it, commented Hideyuki Suzuki of SBI Securities, quoted by the Bloomberg agency.
“All the important indicators, whether those from the monetary committee of the US Federal Reserve (Fed) or the inflation data in the United States” having been announced, “the question now is what reserve will be in the future,” he added.
After swinging around equilibrium, the Tokyo Stock Exchange was buoyed by enthusiasm in Chinese markets over Beijing’s easing of health restrictions and after a generally positive meeting on Monday between Chinese President Xi Jinping and his American counterpart. Joe Biden on the sidelines of the G20.
Hong Kong’s Hang Seng Index thus took off 3.6% around 06:40 GMT.
On the side of values
MITSUI AND AUTONOMOUS TRUCKS: Mitsui trading house (+ 0.18% to 3,824 yen) is preparing to start a transport and logistics business using autonomous trucks by 2026, according to Nikkei information published on Monday. The project, which would be piloted by a company 80% owned by Mitsui, would benefit from the authorization expected from next April in Japan for the use of level 4 autonomous vehicles (high range) on the road.
On the side of currencies and oil
The dollar rose against the yen, at the one dollar rate of 140.28 yen around 06:40 GMT, versus 139.89 yen on Monday at 21:00 GMT.
The euro also rose against the Japanese currency, to 144.98 yen against 144.47 yen the day before, and was worth $ 1.0335 against $ 1.0327 on Monday.
The oil market is down: around 06:30 GMT the price of a barrel of WTI fell by 0.68% to 85.29 dollars and that of a barrel of Brent from the North Sea fell by 0.37% to $ 92.80.
mac / nth