Inpex Corp., Japan’s biggest oil explorer, dropped 2.2 percent. Yakult Honsha Co. plunged 5.5 percent after Paris-based Danone was said to be considering selling its 20 percent stake in the Japanese maker of fermented milk products. Honda Motor Co., which gets about 80 percent of its sales abroad, lost 2.2 percent. Tokyo Electron Ltd. jumped 3.2 percent after an analyst said Samsung Electronics Co. will drop objections with South Korean authorities against the Japanese company’s takeover by Applied Materials Inc.
The Topix (TPX) slipped 0.6 percent to 1,398.69 as of 12:31 p.m. in Tokyo, with all but four of its 33 industry groups declining. Volume on the measure was about 21 percent below the 30-day intraday average. The Nikkei 225 Stock Average dropped 0.3 percent to 17,324.82. The yen rose 0.2 percent to 117.54 per dollar, strengthening for a third day.
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AUD/USD regains the constructive outlook above the 200-day SMA
AUD/USD advanced strongly for the second session in a row, this time extending the recovery to the upper 0.6500s and shifting its focus to the weekly highs in the 0.6580-0.6585 band, an area coincident with the 100-day SMA.
EUR/USD keeps the bullish performance above 1.0700
The continuation of the sell-off in the Greenback in the wake of the FOMC gathering helped EUR/USD extend its bounce off Wednesday’s lows near 1.0650, advancing past the 1.0700 hurdle ahead of the crucial release of US NFP on Friday.
Gold stuck around $2,300 as market players lack directional conviction
Gold extended its daily slide and dropped below $2,290 in the second half of the day on Thursday. The benchmark 10-year US Treasury bond yield erased its daily losses after US data, causing XAU/USD to stretch lower ahead of Friday's US jobs data.
Bitcoin price rises 5% as BlackRock anticipates a new wave of capital inflows into BTC ETFs from investors
Bitcoin (BTC) price slid to the depths of $56,552 on Wednesday as the cryptocurrency market tried to front run the Federal Open Market Committee (FOMC) meeting. The flash crash saw millions in positions get liquidated.
FOMC in the rear-view mirror – NFP eyed
The update from May’s FOMC rate announcement proved more dovish than expected, which naturally weighed on the US dollar (sending the DXY to lows of 105.44) and US yields, as well as, initially at least, underpinning major US equity indices.