Mitsubishi UFJ Financial Group, Inc.8306
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Impact on stocks 2
Financials
Mitsubishi UFJ Financial Group, Inc.
Sumitomo Mitsui Trust Group, Inc.8309
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Mitsubishi UFJ Financial Group, Inc.Sumitomo Mitsui Trust Group, Inc.In the foreign exchange market on the 9th, the yen traded in the upper 162 range against the dollar, approaching its year-to-date low. The yen-selling trend continued amid heightened Middle East tensions after the US military launched additional strikes on Iran. Takeshi Yamamoto, a research analyst at Sumitomo Mitsui Trust Bank, noted that if tensions between Iran and the US persist, the dollar-yen pair could surge toward the 163 level. In the bond market, prices are expected to fall due to rising long-term US interest rates and concerns over supply and demand for Japanese government bonds. Masayuki Oguchi of Mitsubishi UFJ Asset Management said the market is vulnerable to selling on supply-demand worries.
Mitsubishi UFJ Financial Group, Inc.Sumitomo Mitsui Trust Group, Inc.