
Veteran Trader Predicts Major Shift in Bitcoin-Gold Trend
September 15, 2024
Stocks Remain Positive, Dollar Declines as Market Foresees Larger Fed Rate Cut
September 16, 2024Japan stocks closed lower on Monday, with the Nikkei 225 falling 0.68% as losses in the Gas & Water, Services, and Pharmaceutical Industry sectors weighed on shares. At the close in Tokyo, the best performers on the Nikkei 225 included Kawasaki Heavy Industries, Ltd. (TYO:7012), rising 7.26%, Kuraray Co., Ltd. (TYO:3405) up 4.18%, and Shiseido Co., Ltd. (TYO:4911) climbing 4.14%. On the other hand, the worst performers were Astellas Pharma Inc. (TYO:4503) down 4.72%, Konami Corp. (TYO:9766) declining 3.80%, and Ajinomoto Co., Inc. (TYO:2802) falling 3.61%. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 7.82% to 28.82. In commodities trading, crude oil for November delivery rose to $68.02 a barrel, while Brent oil for November delivery hit $71.83 a barrel. The December Gold Futures contract also rose to $2,615.40 a troy ounce. The USD/JPY was down to 140.17, and the EUR/JPY fell to 155.62. Additionally, the US Dollar Index Futures dropped to 100.51.



