① On Thursday of this week, after a V-shaped rebound in the US stock market overnight, the Asia Pacific market opened higher on Thursday The Nikkei 225 Index opened up 1.59%, and then rapidly expanded its gains. As of press time, the increase has expanded to 3.32%, and the TOPIX CSI Index has expanded its increase to 2.48%.
On Thursday of this week, after a V-shaped rebound in the US stock market overnight, the Asia Pacific market opened higher, especially the Japanese stock market, which has been declining for seven consecutive days, rebounded even stronger.
The Nikkei 225 Index opened up 1.59%, and then rapidly expanded its gains. As of press time, the increase has expanded to 3.32%, and the TOPIX CSI Index has expanded its increase to 2.48%
The Nikkei 225 Index has risen 1.11% in the past six months, while the South Korean KOSPI Index has risen 1.36% as of press time.
Australia S& The P/ASX 200 index rose by 0.54%. The New Zealand NZ50 index rose 0.40% in the morning.
The US August CPI, which was released overnight, rose 2.5% year-on-year, while the core CPI unexpectedly rose to 0.3% month on month, indicating that inflation remains resilient, causing traders to reduce their bets on a 50 basis point rate cut by the Federal Reserve next week.
Although the CPI data exceeded expectations and caused chaos, the US stock market regained its strength after falling for an hour and a half last night, with the prospect of the US presidential election and the increasingly clear path of the Federal Reserve's interest rate cut, and rose directly to the close in one breath. As of the close, the S&P 500 index rose 1.07%; The Nasdaq index went from a drop of over 1% to a final increase of 2.17%; The Dow Jones Industrial Average rose 0.31%.
Japanese stocks still have their own driving force
At the same time, Japan's Producer Price Index (PPI) rose 2.5% year-on-year in August, lower than the expected 2.8% and also lower than the 3% announced last month.
This data is one of the key indicators closely monitored by the Bank of Japan. The Bank of Japan has repeatedly hinted that it will raise interest rates in the coming months. However, against the backdrop of poor PPI performance, the pace of interest rate hikes by the Bank of Japan may slow down.
As a result, the US dollar rose against the Japanese yen in the morning, with a 0.36% increase as of the date of publication.
The trend of the US dollar against the Japanese yen over the past six months