Bearish
Nikkei 225 drops 1.6% to 68,098.54 amid rising oil prices and inflation concerns.
The Nikkei 225 declined by 1.6% to 68,098.54 on August 18, 2026, as escalating oil prices and inflation worries overshadowed strong corporate earnings. The surge in oil prices, driven by tensions in Iran, has heightened concerns about global supply disruptions and potential interest rate hikes by central banks.
Key points
- Nikkei 225 falls 1.6% to 68,098.54 amid rising oil prices and inflation concerns.
- Brent crude oil surges 2.7% to $90.87 per barrel, intensifying inflation worries.
- Strong corporate earnings reports from Asia and the U.S. provide some market support.
- Currency markets remain stable with modest changes in dollar-yen and euro-dollar exchange rates.
Sources
AI-generated from public news sources. Not financial advice.
