Today’s stock outlook = rebound, repurchase activated by passing FOMC | Reuters

[Tokyo 16th Archyde.com]–The Nikkei Stock Average is expected to rebound in today’s Tokyo stock market. At the US Federal Open Market Committee (FOMC), the Federal Reserve has raised the federal funds rate guidance target by 75 basis points (bp), but within expectations, due to the peace of mind of passing the event. The move to buy back is likely to become more active.

The expected range of the Nikkei average is 26,300 yen to 26,800 yen.

The US stock market rebounded on the 15th. The background is that the Fed has decided to raise rates as expected by the market as it tries to respond to inflation without causing recession. Chicago Nikkei average futures also rose in the form of rising. It seems that Japanese stocks will start turning back in the form of reflecting this.

Although uncertainty regarding the future remains, it is highly likely that the buyback due to the passing of the event will become active only following pushing deeply in the latest market price, and it is expected that the Nikkei average will head for an autonomous rebound in the near future.

Yutaka Miura, senior technical analyst at Mizuho Securities, said, “The first reaction of US stocks regarding the FOMC was a rebound, but Japanese stocks will also reverse in response to it,” he said. Will remain uncertain and will remain an autonomous rebound in the downtrend for the time being. “

Previous business day closing price Year-to-date high price Year-to-date low

Nikkei 225 26326.16 29388.16 24681.74

– 303.70 January 5, 2022 March 9, 2022

Chicago Nikkei Average Futures Limit 26510 (yen denominated)

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