Japan Financial News

Motilal Oswal Financial Services Ltd, suggests that the market will remain volatile but with an upward trend, fueled by revived hopes of a US Federal Reserve rate cut in September and the allocation of key cabinet portfolios in the new Indian government. (Read the full story here.)Sensex Today Live : Indian markets were likely to be weighed down by the muted sentiment flowing from global peers as hopes of a sooner rate cut by the US Federal Reserve faded on the back of better-than-expected labour market data in the US.Notwithstanding the boost in sentiment from the formation of a new Union government in India, Gift Nifty futures was trading at 23,310, marginally ahead of Friday's Nifty 50 close of 23,290, indicating a muted to positive opening for India on Monday.Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S.

Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.

Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, while a snap election call in France sparked wider political concerns and weighed on the euro. Trading was thinned in Asia with Australia, China, Hong Kong and Taiwan out for public holidays, but MSCI's broadest index of Asia-Pacific shares outside Japan still slumped 0.46%.

Narendra Modi and his 71 ministers took oath of office and secrecy on Sunday.On Friday, the Indian stock market indices ended at their fresh closing highs, extending gains into the third consecutive session, after the Reserve Bank of India (RBI) kept the repo rate and policy stance unchanged while raising the GDP estimates for FY25 and retaining the inflation target.The Sensex jumped 1,618.85 points, or 2.16%, to close at 76,693.36, while the Nifty 50 settled 468.75 points, or 2.05%, higher at 23,290.15.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 10“Now hopes have revived that the US Federal Reserve might cut interest rates in the September meet based on recent macro data points. This week, focus will be on allocation of key cabinet portfolios such as Finance, Defense, Roads, Energy, Commerce, and Railways.

Riot Games announced that Valorant will soon be available on Xbox and PlayStation consoles, a Dexerto report said. A limited beta will launch in select regions for players to test the game.

ALSO READ: Buy or sell: Sumeet Bagadia recommends these three stocks for Monday - June 10After the Fed statement, investors will closely watch chairman Jerome Powell’s press conference for insights.On June 12 (Wednesday) , Federal Open Market Committee’s (FOMC) interest rate decision will be announced, Fed chair Jerome Powell will hold a press conference, and consumer price index (CPI) data for May will be released.June 13 (Thursday) will see the release of producer price index (PPI) data for May.On June 14 (Friday), import price index data for May and consumer sentiment (preliminary) report for June will be released.Apple will hold its annual developers conference WWDC in the week ahead. Artificial intelligence (AI) could be the focus of the WWDC event, starting on Monday.ALSO READ: Indian stock market: Investors’ focus on inflation data, Modi 3.0, US Fed meetFollowing companies are due to report quarterly earnings in the week ahead— Yext, Calavo Growers, FuelCell Energy, Oracle, Casey's General Stores, ZEEKR, Rubrik, Broadcom, Dave & Buster's Entertainment, Oxford Industries, Signet Jewelers, Adobe, and RH.US stocks closed slightly lower on Friday after stronger-than-expected jobs data.The Dow Jones Industrial Average fell 87.18 points, or 0.22 per cent, to 38,798.99, the S&P 500 lost 5.97 points, or 0.11 per cent, to 5,346.99 and the Nasdaq Composite lost 39.99 points, or 0.23 per cent, to 17,133.13.The yield on the 10-year Treasury rose to 4.43 per cent from 4.29 per cent just before the release of the jobs data.

Group of Seven (G7) wealthy democracies to send a tough new warning next week to smaller Chinese banks to stop assisting Russia in evading Western sanctions, according to two people familiar with the matter.

Mumbai: The Indian stock market will be watchful of global factors after the Lok Sabha elections and monetary policy decisions are settled, next week.Analysts believe that investors will keep an eye on the US Fed interest rate decision, India's inflation data, and the decisions of the new government for the upcoming week starting from Monday.The US Fed will announce US core and consumer price inflation figures, alongside the US Federal Reserve's interest rate decision and Federal Open Market Committee (FOMC) economic projections on June 12. Bank of Japan will also announce its interest rate decisions this week.Domestically, On June 12, 2024, India will announce industrial production data and inflation data which will be closely tracked by the investors.India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March.

US Defence official Elbridge Colby stressed that an attack by China against Taiwan could happen with little warning as China has given up on «peaceful unification», reported Taiwan News.

HBO Max. The first season's success ensured that it will be renewed for a second one, as fans were in awe of the intense storyline of this crime drama TV series starring Ansel Elgort. The second season, too, came in as promised, in February this year, exclusively on Max. However, as the second season came to an end, Max sent shockwaves among Tokyo Vice fans by stating that the show will not be renewed again for a third season.

Chinese air force jets circled a Dutch frigate and approached a Dutch helicopter in the East China Sea in a way that «caused a potentially unsafe situation,» the Netherlands' Defense Ministry said on Saturday.

Benchmark U.S. crude oil for July delivery fell 2 cents to $75.53 per barrel Friday

Sailor Moon' is a Japanese theatrical film that has been divided into two parts and then launched theatrically in Japanese theaters. The first part of the franchise was released on June 9, 2023, and the second on June 30, 2023, according to reports. The film's parts received critical acclaim from a Japan-based audience.

Seven Samurai’ which has been directed by Akira Kurosawa is hitting the US theaters in the 4K restored format. This has been reported by 'Deadline'. The film is considered to have influenced hit movies such as 'Star Wars', The 'Hateful Eight' and 'John Wick' among others. The restored film, which made its debut at the Cannes Film Festival, will hit the theaters in the US providing an opportunity to the new generation audience as well as take the older fans on to a journey of nostalgia. There are rare movies that are re-released after some time and still manage to retain the same level of excitement.

Asian stocks are mixed after a steady Thursday on Wall Street as markets anticipate the key U.S. jobs data that will be revealed later in the day

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to pay even the interest on their loans and often just a bad business hit away from dying off for good

World stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the day

Prime Minister Narendra Modi — fresh from declaring victory in India’s election — offered few details on the agenda for his third term

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good

Benchmark U.S. crude oil for July delivery rose $1.48 to $75.55 per barrel Thursday

Ministry of Commerce and Industry took center stage at the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum, held at the iconic Marina Bay Sands in Singapore.