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The Nikkei 225 index has recovered the decline since the sharp drop on August 5. On August 13, the Nikkei 225 index recovered to the level before the over 12% drop on August 5. As of 10 a.m. Tokyo time, the Nikkei 225 index rose 2.7% to 35,961.95 points. Ikuo Mitsui, a fund manager at Bluewave Securities, said: "The large-scale sell-off seen last week has peaked, and investors' attention is shifting to the fundamentals such as corporate profitability." "Investors are buying stocks at relatively low valuations." Ryuta Otsuka, a strategist at Toyo Securities, said, "The Japanese stock market today is likely to be calm for the first time in a while. The stability of the yen will also help stabilize the Japanese stock market." $BTC $ETH $BNB
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Large-scale sell-offs have peaked, and the Nikkei 225 index has recovered the losses since the sharp drop on August 5. The Nikkei 225 index has recovered to the level before the more than 12% drop on August 5. As of 10 a.m. Tokyo time, the Nikkei 225 index rose 2.7% to 35,961.95 points, with the yen weakening, providing support for exporters such as automakers and technology companies. Technology stocks, including Tokyo Electron, rose after Nvidia boosted the Philadelphia semiconductor index. Ikuo Mitsui, a fund manager at Bluesea Securities, said, "The massive sell-off seen last week has peaked, and investors' attention is shifting to fundamentals such as corporate earnings." "Investors are buying stocks at relatively low valuations," said Ryuta Otsuka, a strategist at Toyo Securities. "The Japanese stock market today is likely to be the calmest in a while. The stability of the yen will also help stabilize the Japanese stock market." $BTC $ETH $BNB
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The Nikkei index in Japan has expanded its gains to 2%. The Nikkei index in Japan has expanded its gains to 2%. (Jinshi) $BTC $ETH $BNB
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Australia and New Zealand Banking Group: It is expected that the Bank of Japan may raise interest rates in October, and the Japanese yen will gradually rise. Odaily Planet Daily Report: Mahjabeen Zaman, head of foreign exchange research at Australia and New Zealand Banking Group, said that the Bank of Japan is expected to raise interest rates again in October, which will further support the strength of the yen into next year. The US dollar may weaken in the fourth quarter, not only due to seasonal factors at the end of the year, but also due to actual interest rate cuts by the Federal Reserve, rather than just expectations. With cracks appearing in the resilience of the US economy and the seasonal factors of the northern hemisphere summer, the USD/JPY pair may continue to fluctuate. $BTC $ETH $BNB
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Musk: X is suffering from a massive DDOS attack and is working to shut it down. ChainCatcher news, Musk posted on X that X is suffering from a massive DDOS attack and is working to shut it down. He stated: "The worst-case scenario is that we will continue with a small live audience and release the conversation later." $BTC $ETH $BNB
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