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On December 7, the African Union (AU) and the Economic Community of West African States (ECOWAS) issued separate statements strongly condemning the attempted coup in Benin that day. The AU statement said that any form of military intervention in a political process is a serious violation of the AUs fundamental principles and values. AU Commission Chairperson Yusuf called on all those involved in the coup attempt to immediately cease all illegal actions and fully comply with the Benin Constitution. The ECOWAS statement said that the coup attempt violated the Benin Constitution, and ECOWAS commended the Benin government and its armed forces for their efforts to control the situation.French President Macron: Monetary policy should take into account employment and economic growth.On December 7th, Ukrainian President Volodymyr Zelenskyy posted on his official social media platform that Russia had launched over 1,600 drones, approximately 1,200 guided-missile bombs, and nearly 70 missiles of various types at Ukraine this week alone. Zelenskyy stated that on the 7th, the Russian military attacked Ukraine with over 240 drones and 5 ballistic missiles. Seven regions in Ukraine were damaged, with casualties reported in some areas. He indicated that Ukraine continues to cooperate with its partners to strengthen its defenses. Currently, Russia has not responded to this.The Russian Ministry of Defense stated that Russian forces launched a coordinated attack last night on Ukraines transportation infrastructure, fuel and energy facilities, and long-range drone bases.According to RIA Novosti: Russian troops have occupied Kucherivka in the Kharkiv region of Ukraine.

Japan Stocks Declined at The Market Close; The Nikkei 225 Fell 0.16 Percent

Aria Thomas

Jun 02, 2022 15:55

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As a result of declines in the Mining, Power, and Precision Instruments sectors, Japan's stock market closed Thursday down.


At the end of trading in Tokyo, the Nikkei 225 decreased 0.16 percent.


Taiyo Yuden Co., Ltd. (TYO:6976) had the greatest performance on the Nikkei 225 during the session, gaining 6.04 percent of 320.00 points to close at 5,620.00. In late trading, Mitsubishi Motors Corp. (TYO:7211) rose 3.32 percent, or 13.00 points, to close at 404.00, while Ricoh Co., Ltd. (TYO:7752) rose 2.77 percent, or 31.00 points, to 1,149.00.


Fujitsu Ltd. (TYO:6702) had the poorest performance during the session, falling 4.44 percent or 870.00 points to close at 18,705.00. Astellas Pharma Inc. (TYO:4503) fell 4.09 percent or 86.00 points to conclude the day at 2,017.00, while Sony Corp (TYO:6758) fell 3.19 percent or 395.00 points to 11,975.00.


On the Tokyo Stock Exchange, declining equities exceeded advancing ones by 2100 to 1401, with 251 ending unchanged.


Nikkei Volatility, which measures implied volatility of Nikkei 225 options, decreased 1.26 percent to 19.56, a fresh one-month low.


The price of a barrel of crude oil for delivery in July fell 1.91 percent, or $2.20, to $113.06. Brent oil for August delivery declined 1.79 percent, or $2.08, to $114.21 per barrel, whilst the August Gold Futures contract increased 0.30 percent, or $5.60, to trade at $1,853.30 per troy ounce.


EUR/JPY increased 0.16 percent to 138.75, while USD/JPY declined 0.15 percent to 129.91.


At 102.32, US Dollar Index Futures were down 0.21 percent.

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