Tokyo marries Wall Street rebound


Tokyo (awp / afp) – The Tokyo Stock Exchange rebounded sharply on Wednesday morning, following in the footsteps of Wall Street, back in the green the day before after words deemed reassuring from the president of the American Central Bank (Fed).

The flagship Nikkei index gained 1.3% to 28,589.87 points around 00:50 GMT and the extended Topix index 1.17% to 2,010.05 points.

The New York Stock Exchange ended a series of five sessions of decline on Tuesday, hailing Fed Chairman Jerome Powell’s resolute attitude on inflation but optimism on the US economy before the Senate.

During this hearing, Mr. Powell, who should be confirmed in his post, promised “to do everything possible” to fight inflation in the United States, while clearly charting the way for monetary tightening.

On the side of values

MIZUHO STILL IN BREAKDOWN: the Japanese mega-bank Mizuho Financial Group (-0.06% to 1,586.5 yen), several executives of which had announced their resignation in November after a long series of technical failures, is preparing to advance the entry into function of its new chief executive from April to February, according to the daily Yomiuri, as blackouts continue to disrupt its services.

In a report released at the end of 2021, the Japan Financial Services Authority (FSA) tackled the group’s executives, who it said were unable to anticipate risks in its IT systems and resolve problems to prevent them. do not repeat themselves.

On the currency and oil side

The yen was stable against the dollar, at a rate of one dollar against 115.31 yen at around 12.50 a.m. GMT against 115.30 yen on Tuesday at 9 p.m. GMT.

The yen fell against the euro, which was worth 131.15 yen against 131.06 yen the day before.

The euro rose slightly against the dollar, at a rate of one euro to 1.1372 dollar against 1.1367 dollars on Tuesday at 9:00 p.m. GMT.

Oil was up slightly: around 00:40 GMT the price of a US barrel of WTI gained 0.2% to 81.38 dollars.

mac / mlb



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