Breaking News         Latest US News              New York News              Fx Tribune

How to Become a Profitable Forex Trader in 2018
Japanese stocks rose on Wednesday to two-week highs as investors covered positions with the focus shifting to U.S. monetary policy after President Donald Trump's speech to Congress offered no details or surprises on the policy front. Continue Reading Below...

Japan's Nikkei Advances to 2-Week High

Japanese stocks rose on Wednesday to two-week highs as investors covered positions with the focus shifting to U.S. monetary policy after President Donald Trump's speech to Congress offered no details or surprises on the policy front. Continue Reading Below...

Japan's Nikkei Advances to 2-Week High

Japanese stocks rose on Wednesday to two-week highs as investors covered positions with the focus shifting to U.S. monetary policy after President Donald Trump's speech to Congress offered no details or surprises on the policy front.

Continue Reading Below

The Nikkei share average ended 1.4 percent higher at 19,393.54, its highest close since Feb. 15, as investors covered their positions, with the lack of negative factors in Trump's speech providing some relief.

Trump pledged to overhaul the U.S. immigration system, improve jobs and wages, and promised "massive" tax relief to the middle class and tax cuts for companies.

Meanwhile, the dollar gained on growing expectations of a U.S. interest rate hike this month, and traders said market attention has shifted to future U.S. monetary policy.

"Japanese stocks will likely take cues from U.S. yield moves and dollar-yen levels in the next few weeks," said Chihiro Ohta, general manager of investment research at SMBC Nikko Securities.

The broader Topix gained 1.2 percent to 1,553.09 and the JPX-Nikkei Index 400 rose 1.2 percent to 13,917.46.

Continue Reading Below

(Reporting by Ayai Tomisawa; Editing by Sunil Nair)

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

banner30
Five simple steps to trade the options like a pro
Five simple steps to trade the options like a pro
How to Become a Profitable Forex Trader in 2018
How to Become a Profitable Forex Trader in 2018
Away From the US? Here are 5 Places You Can Still Watch the Super Bowl
Away From the US? Here are 5 Places You Can Still Watch the Super Bowl
Venus Williams' Phone Records Will Be Subpoenaed in Wrongful Death Case
Venus Williams' Phone Records Will Be Subpoenaed in Wrongful Death Case
4 Things You Need to Understand About DUI Charges
4 Things You Need to Understand About DUI Charges
Top 6 Facts You Should Know About Muay Thai
Top 6 Facts You Should Know About Muay Thai
Half a hundred injured in a train wreck in Germany
Half a hundred injured in a train wreck in Germany
A Democratic congressman announces his immediate withdrawal from allegations of sexual harassment
A Democratic congressman announces his immediate withdrawal from allegations of sexual harassment
27,000 evacuated by a massive fire in southern California
27,000 evacuated by a massive fire in southern California
Liberated in Ukraine The Georgian former President Saakashvili
Liberated in Ukraine The Georgian former President Saakashvili
Trump orders the largest reduction in natural reserves in American history
Trump orders the largest reduction in natural reserves in American history
Trump orders in Utah the largest reduction in natural reserves in American history
Trump orders in Utah the largest reduction in natural reserves in American history
POLLS Results ALL
Who is the most powerful actor in Syria

banner31
Front Pages
  • The Sun
NEWS ARCHIVES