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Shares On Wednesday, Asia were mostly low, when American shares drowned for their first loss in eight days, the first time lost speed after the price of gold.
The price of gold was $ 25.40 $ 4,029.60 an ounce. American futures and oil prices also advanced.
Japani Yen fell rapidly against the dollar on hopes that Conservative MP Sanai is likely to become the next Prime Minister, pushing to keep the interest rates low.
The dollar from 151.90 yen to 152.53 yen, while the euro slipped from $ 1.1621 to $ 1.1659.
Tokyo’s benchmark Nikkei 225 exceeded 0.1% to 48,002.18.
Takachi, who is ruling Liberal democrat The last weekend is selected as his leader, expecting an increase in spending and advocating easy credit, possibly slowing the efforts of the Bank of Japan to raise their major interest rate. It has been near zero over the years, even inflation has increased its target more than 2%, wages have increased.
“While the economic matter remains intact for the tight monetary policy, Marsel Thielly of Capital Economics said that we suspect that Japan’s bank of Japan will use pressure as an opportunity to delay the rate by January.”
The MPs in the lower house of Japan’s Parliament are due to the election of Prime Minister Shigerisu Ishiba later this month. Liberal Democrats hold the most seats despite not having a lump sum majority, so Taxi is expected to become the first woman Prime Minister of the country.
Somewhere else in Asia, Hong Kong’s Hang Seng fell 0.9% to 26,719.68 and the S&P/ASX 200 0.1% decreased from 8,945.10.
The markets of the mainland China and South Korea were closed for the holidays.
In Taiwan, Taix lost 1%.
On Tuesday, S&P 500 fell from its all -time high to 0.4%, which closed at 6,714.59. Dow Jones Industrial Average from 0.2% to 46,602.98, and NASDAQ Composite lost 0.7% to 22,788.36.
Tesla The market had the heaviest weight and fell 4.4% after unveiling cheap versions of its two electric car models. Stock gave back most of its jump from the previous day, when Tesla’s upcoming product declaration made speculation and publicity after Tesla’s signal.
Oracle Also helped in pulling the market less. A news report suggested that it fell 2.5% after making a thin profit margin on a major line of business related to artificial-Khukfia technology.
US stocks have expected in recent months that the economy will remain flexible and the federal reserve will continue to cut interest rates.
The rapid growth of Artificial Intelligence has helped the fan to buy enthusiasm, but it is also raising concerns that there may be a lot of shoot in share prices.
At an investment conference, the authorities climbed the del 3.5% on Tuesday after the company spoke on the development of the company on the occasion of development of the company. Advanced micro devices held 3.8% rallies to add to their bounce from Monday, when it announced a deal, where OpenIAI would use its chips to power the AI infrastructure. IBM increased by 1.5% after announcing a partnership that would integrate anthropic’s cloud AI chatbot into some of its software products.
A lot of expectations are riding on hopes that the AI investment bounce will pay the global economy more productive and pay more growth. Without that increased efficiency, inflation may push more due to the pressure coming from the loan mountains that are building the US and other governments worldwide.
Investors have traditionally seen gold as a rescue against high inflation. Due to heavy debt loads, political uncertainties and expectations of governments, its price has exceeded 50% this year that Fed will cut interest rates.
Also in early Wednesday, the American benchmark crude oil had 52 cents per barrel $ 62.25 per barrel. Brent crude, international standard, increased 50 cents to $ 65.95 per barrel.
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AP Business Writer Stan Cho contributed.