Japan's Benchmark Index Poised to Decline Amid Energy Expense Fears
Deep News
Jul 24
Fears over escalating energy expenses have resurfaced, combined with a downturn on Wall Street overnight, likely pushing Japanese equities lower. Futures contracts for Japan's Nikkei index on the Singapore Exchange fell by 1.1%, reaching 65,505 points.
Market participants are closely monitoring developments in the Middle East and crude oil prices after Brent crude surpassed the $100 per barrel mark for the first time in two months. The Nikkei index had gained 0.5% on Thursday, closing at 66,422.60 points.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.