25.06.2020 NIKKEI Daily Analysis

25.06.2020 NIKKEI Daily Analysis

NIKKEI           22.259,79    -274,53    ( -1,22%) Asian-Pacific region’s stock exchanges of the International Monetary Fund (IMF) fell for 2020. The IMF predicts global economic growth for 2020, by reducing 1.9 more, the contraction you set at 3.0% in April to 4.9%. In the new report of the IMF, the global economic growth forecast for the next year has been reduced from 5.8 percent to 5.4 percent. The Japanese Ministry of Economy, Trade, and Industry also announced that the country's industrial production contracted 6.4 percent in April. With the developments, Japan's Nikkei 225 value fell 1.09%, and the South Korean stock market's Kospi index fell 1.76%. In Australia, S & P / ASX 200 found 2.14. The stock market in China and Hong Kong is not trading today due to the holiday. As a result of the new type of coronavirus (Kovid-19) epidemic, the lack of improvement in the number of cases in the USA raised concerns about the second wave. While this situation brought about sharp decreases in the share markets, the negative course on the global scale has been carried to the Asian stock markets today. In Japan, the Nikkei 225 index fell 1.2% to 22,260 points, while the USD/JPY parity gained 0.1% to 107.1.