Japanese Shares Track Wall Street Lower
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Japanese equities fell for a fifth consecutive session, influenced by a selloff on Wall Street amid US President Trump's rhetoric over Greenland. The Nikkei 225 dropped about 1% to 52,450, while the Topix Index fell 1.3% to 3,580. Finance Minister Satsuki Katayama called for calm as JGB yields surged due to fiscal concerns. Investors are preparing for a snap election on Feb. 8, with Prime Minister Sanae Takaichi aiming for a more expansionary fiscal agenda. The Bank of Japan is expected to maintain its current policy, while technology and financial stocks led the decline.
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Source: Trading Economics The copyright of this article belongs to the original author/organization.
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