The Nikkei above 30000, 30 years later

  • Macro-economy

New record-high levels on US equities as well as strong domestic GDP figures have pushed the main Japanese stock market index above 30000 for the 1st time since 1990. The reflation trade continues to rule financial markets with the US 10 years up above 1.2%, a 12-month high, a move amplified by the sharp rise in oil prices, likely due to extreme cold weather conditions in Texas. The USD is weakening and the EUR/USD is now trading around 1.2140.

gdp-in-japan
Share this news :

You might also read :

ES-oil
June 16, 2021

Further evidence of significant crude draws

ICE Brent prompt contract continued to climb, at 74.2 $/b, as the API survey reported significant draws in US crude commercial stocks, while products inventories…
ES-oil
March 23, 2022

Russian flows still in the spotlight

Ahead of meetings of Nato countries and a new EU summit, the US continues to press the EU for further sanctions against Russia, particularly in the…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

Twitter
EnergyScan - Newsletter subscription
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]