The Nikkei index sheds 100.06 points (-0.35%) as market bears take the reigns

Published: November 25 2022, 12:46 GMT+0

The Nikkei index sheds 100.06 points (-0.35%) as market bears take the reigns

Today at a glance: Nikkei slid down from 28,383 to 28,283, taking a 100.06 points loss (0.35%)

Meanwhile, Japan Tokyo Core CPI (YoY) (Nov) came out at 3.6, while a consensus of analysts was expecting 3.5. Japan CPI Tokyo Ex Food and Energy (MoM) (Nov) released yesterday at 23:30 UTC with a figure of 0.2, while the previous figure was 0.2. Fresh Services PMI data from Japan came out at 50.

Other assets are showing positive performances as Nasdaq is trading around 11,300 after ending today's session at 11,174 (up 0.99% today). S&P 500 increases 0.59% today and closed at 4,003.58. FTSE went up by 0.28% today, and closed at 7,487.66.

Furthermore, Japan CFTC JPY speculative net positions is expected today at 19:30 UTC.

The index has been trending positively for about a month. Having set a significant high of 29,500 2 months ago, the Nikkei is trading 183,967% lower.

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