Nikkei May Rise After Fed’s Rate Cut
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2024
0mins
Source: WSJ
Japanese Stock Market Update: Japanese stocks are expected to rise as concerns about funding costs ease following the Federal Reserve's rate cut, with Nikkei futures up 1.0% and investors awaiting earnings reports from Kawasaki Heavy Industries and Eisai.
Australian Stock Market Outlook: Australia's S&P/ASX 200 is poised for a significant opening gain, potentially reaching a record high, while ANZ has cut its dividend due to increased costs and lower credit quality affecting profits.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
