Nikkei declines as auto tariffs not cut yet; Wall Street rebounds on hopes of early Fed rate cut - Mon 4 Aug 2025

Nikkei 225 Summary
Nikkei declines as auto tariffs not cut yet; Wall Street rebounds on hopes of early Fed rate cut - Mon 4 Aug 2025

Nintendo (+5.12%) leads gainers on recent earnings surge in Q1 due to excitement for the new switch 2 console.

Yamaha (-8.00%) leads losers as US tariffs is expected to dent its profits severely for its musical instrument and motorbike exports.

Meanwhile, Wall Street rebounds strongly on hopes of an early rate cut by the Fed in Sep; current odds of this happening has jumped to 90%.

Nikkei225  40,290.70 (-508.90 -1.25%) 48 up 174 down 3 flat

JGB 10YR   1.506% (-0.048)            

USD/JPY    146.96 (-0.40)


 

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