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

Published: November 25 2022, 14:56 GMT+0

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

A quick look at today: Nikkei slides down from 28,383 to 28,283, losing 100.06 points (0.35%) today.

While price action maintains a negative bias, Japan Tokyo Core CPI (YoY) (Nov) released yesterday at 23:30 UTC with a figure of 3.6, while the previous figure was 3.4. Fresh CPI Tokyo Ex Food and Energy (MoM) (Nov) data from Japan came out at 0.2. Japan Services PMI came out at 50.

In the meantime, negative performances are also seen in other markets, Hang Seng is down to 17,574, losing 87.32 points, after ending the previous session around 17,661. After ending today's session at 11,300, Nasdaq lost 73.29 points and is trading around 11,227.

Other assets are showing positive performances as ASX 200 is trading around 7,259.5 after ending today's session at 7,241.8 (up 0.24% today).

Furthermore, Japan CFTC JPY speculative net positions scheduled to come out 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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