Home » Economy » +++ Stock market ticker +++ – Japan's stock market starts at the beginning of the week – Euro rises | News

+++ Stock market ticker +++ – Japan's stock market starts at the beginning of the week – Euro rises | News

Monday, August 28th, 2017 | Economy

06:45
The stock market in Tokyo has started with losses in the new week. A stronger yen and uncertainty about the impact of Hurricane "Harvey" on the US economy made it to investors. "The focus of investors has shifted over the weekend from Jackson Hole to the storm," said investment strategist Norihiro Fujito of Mitsubishi UFJ Morgan Stanley Securities. There were still no details on the storm, but the pictures indicated serious consequences.
The Nikkei index dropped 0.1 percent on Monday to 19,430 points. The broader topix also fell 0.1 percent to 1596 counts.
The euro continued to rise as ECB President Mario Draghi did not oppose the strength of the Euro at the Bankers' Meeting in Jackson Hole. At 1.1925 dollars, the European Community currency was worth as much as two and a half years ago. The dollar fell to 109.15 yen.
(Cash / Reuters)

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