Dollar-Yen Technicals Suggest Nikkei May Climb Higher, Mark Newton Says

Dollar-Yen Technicals Suggest Nikkei May Climb Higher, Mark Newton Says

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Business

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The video discusses current market trends, highlighting a risk-off tone with stocks and oil declining, while bonds and the yen are gaining. An analysis of the dollar-yen currency pair suggests potential risk-on movements. The Nikkei futures show signs of a bullish breakout, supported by the yen's stabilization. The discussion concludes with the potential positive impact on US stocks due to currency movements.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'risk off tone' imply in the context of the stock market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the performance of oil been described in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the yen's performance against the dollar?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the dollar-yen chart mentioned in the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the Nikkei futures breaking out of a downtrend?

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