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Japan election shockwaves kick off critical week – Oct 28

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Index Last Change % Change
trading lower

42,114.40 -259.96 0.61%Negative
trading higher

18,518.61 +103.12 0.56%Positive
trading lower

5,808.12 -1.74 0.03%Negative
Index Last Change % Change
unchanged

37,913.92
trading higher

20,590.15 +100.53 0.49%Positive
trading lower

79,402.29 -662.87 0.83%

Source: LSEG, opens new tab – data delayed by at least 15 minutes

Equities

Five of the ‘Magnificent Seven’ megacap U.S. tech giants release company earnings this week, (GOOGL.O), opens new tab, Microsoft (MSFT.O), opens new tab, Facebook owner Meta Platforms (META.O), opens new tab, Apple (AAPL.O), opens new tab and Amazon (AMZN.O)

U.S. nonfarm payrolls for October will be released on Friday. US elections also heating up.

Nikkei share average futures declined to 37,605, compared with a close for the cash index of 37,913.92 on Friday.

Forex

JPY fell to a three-month low and Japanese stocks were set to decline on Monday after Prime Minister Shigeru Ishiba’s coalition lost its parliamentary majority in a drubbing in Sunday’s election, raising uncertainty over the path for policy and the economy.

 

For more news visit Reuters.com