Japanese Stock Market Set for Recovery After Wednesday's Sharp Decline

Deep News

07/09

Japanese equities are poised for an upward move following a sell-off on Wednesday triggered by renewed concerns over conflict involving Iran. The Nikkei 225 futures on the Singapore Exchange are up 1.4%, trading at 67,885 points. Investors are closely monitoring developments in the Middle East and movements in crude oil prices after the U.S. President announced the conclusion of an eight-week ceasefire. The Nikkei 225 index fell 2.1% on Wednesday, closing at 66,819.05 points.

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