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Towards tomorrow's stock market = raging world stock prices and stagflation
Today (16th), the Nikkei Stock Average continued to rise for 3 days to 38,920 yen, 534 yen higher than the previous business day. In response to the fact that the growth rate of the US Consumer Price Index (CPI) in April, which was a big event in the US stock market the day before, fell slightly below prior consensus, this was well received mainly by the main stocks, creating a position of risk appetite.
Japan's Economy Shrinks Again as Inflation Hits Consumers' Pocketbooks
The Japanese economy contracted in the first quarter of 2024 as growing inflation, driven in part by a weak yen, made domestic consumers hesitant to spend.
srimoen : i think can be 40k right time n' waiting for it