Japanese Nikkei Index Surges 3% and Sets New Record

Global Markets Report: Asian Stock Exchanges Close for Lunar New Year; Nikkei Records New High in Japan; Israeli Shares Surge with Nvidia Collaboration; US Equities Mixed; Unemployment, Inflation Data Released Today; Volatile Oil Prices Forecasted due to Middle Eastern Tensions

In Asia, the stock markets in China are closed for the Chinese New Year, while in Japan, the Nikkei is up 3% and trading at a new record high of 38,000. Meanwhile, in Israel, Beamr’s shares jumped by 1500% after announcing a collaboration with Nvidia. Last night on Wall Street, the Nasdaq fell 0.3%, while the S&P500 lost 0.1% and the Dow Jones added 0.3%, breaking an all-time high.

In the US government debt market, the 10-year bond yield fell slightly last night and traded around 4.16%. The two-year bond yield was 4.47%. Today, unemployment data in Great Britain and consumer price index in Switzerland are expected to be published along with inflation data in the USA at 15:30 Israel time.

Oil prices are trading slightly higher this morning, with a Brent barrel costing $82 dollars. Dr. Michael Bafman predicts that volatility in oil prices will remain relatively high due to security events in the Middle East.

As always, The Globes system strives for diverse and respectful discourse according to our code of ethics that can be found in our trust report. Expressions of violence or any other unacceptable discourse will not be published on our site automatically filtered out by our system to maintain a respectful atmosphere for all users involved.

Leave a Reply

Grand Rapids | Lansing Transworld Business Advisors Previous post Expert Insights: 2024 Business Sale and Acquisition Market Forecast by Jessica Starks of Transworld Business Advisors Grand Rapids | Lansing
The state of Texas has the highest prevalence of alcoholism in the United States. Next post Alcoholism Rates Surge in States with High Economic Prosperity, Study Finds