Increase in stock prices Spreading views on avoiding intensifying conflict between the United States and China Tokyo Stock Market August 8, 12:25
The Tokyo Stock Market on the 8th, the view that the conflict between the United States and China over trade and foreign exchange is intensifying further spreads, buy orders increase, and stock prices rise.
The Nikkei Stock Average, the closing price in the morning was 2,636.72 yen, 120.16 yen higher than the closing price on the 7th, the TSE Stock Price = 2.18, up 1502.11, and the trading volume in the morning was 565.78 million shares.
Market officials said, “As the Trump administration criticizes the Chinese currency and the renminbi against the dollar, China today is more than the‘ baseline ’that is a guideline for trading the yuan and the dollar. However, it is more perceived by investors that the yuan is not cheaper than expected and the Chinese response is cool. "