About: http://data.cimple.eu/news-article/4a6f28ce00d61cf61464c7e130d6bf25a0a9438c7733a040ba344b74

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About: http://data.cimple.eu/news-article/4a6f28ce00d61cf61464c7e130d6bf25a0a9438c7733a040ba344b74 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks opened lower on Wednesday with investors growing cautious over a higher yen and ahead of a four-day holiday weekend in Japan. The key Nikkei 225 index fell 0.34 percent or 78.43 points to 22,805.79 in early trade while the broader Topix index was down 0.28 percent or 4.39 points at 1,578.35. "Caution is needed for selling to square positions ahead of the four day holiday in Japan," Okasan Online Securities said in a note. Tokyo markets are closed from Thursday to Sunday. Global stock markets mostly rose Tuesday along with the euro as EU leaders clinched an agreement on what they boasted was a historic rescue plan. The agreement boosted European bourses and also lifted the single currency to its highest level against the dollar since early 2019. The yen also rose against the dollar, dampening investor sentiment in Tokyo as a higher Japanese currency pressures Japanese exporter earnings. The greenback was changing hands at 106.83 yen in early Tokyo trade, a shade higher than 106.77 yen in New York Tuesday afternoon but still sharply lower than the 107-yen levels seen on Monday. The euro remained strong, buying $1.1539 compared with and $1.1522 in New York. Following Tuesday's approval of the euro fund, "rotation out of US and into European stocks might be a theme that establishes legs in coming weeks," said Ray Attrill, head of forex strategy at National Australia Bank. "A new point of focus for market now is the 'cliff edge' that the US faces as early as this weekend" when the $600 weekly unemployment benefit paid under the Pandemic Unemployment Assistance is due to expire, he said in a commentary. In Tokyo stocks trade, selling went to high-tech stocks with microchip-testing equipment maker Tokyo Electron falling 0.81 percent to 29,560 yen. Nintendo lost 0.44 percent to 47,660 yen while Toyota firmed 0.36 percent to 6,800 yen after the auto giant announced a recovery in domestic production for August. mis/sah/rma
schema:headline	Tokyo stocks open lower
schema:mentions	Management information system Unemployment benefits Foreign exchange market Toyota Nintendo Currency United States dollar Japan European Union New York City Japanese currency Changing Hands Tokyo Electron Tuesday Afternoon United States Note National Australia Bank Economy of Japan Qiang language Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	54 (xsd:integer)

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