Today’s stock outlook = sell ahead, US high-tech stocks fall, price sells to stocks | Reuters

[Tokyo 29th Archyde.com]–The Nikkei Stock Average is expected to be sold first in today’s Tokyo stock market. The US stock market on the previous day is expected to fall sharply, and the Japanese stock market is expected to develop softly. In the US stock market the day before, high-tech stocks have fallen sharply, and it is expected that sales will be centered on stocks with high prices. The Nikkei 225 is likely to focus on how much the decline can be reduced following starting with selling first.

The expected range of the Nikkei average is 26,700 yen to 27,000 yen.

The US stock market on the 28th closed sharply following a sharp drop. All three major indexes have fallen. The deterioration of the US consumer confidence index in June has receded optimism, and the Federal Reserve’s aggressive rate hikes to deal with inflation have put the US economy into recession. There was growing concern.

Of the three major indices, the Nasdaq Composite, which has many high-tech stocks, fell the most. Apple, Microsoft, and Amazon.com have weighed down.

In today’s Japanese stock market, it is expected to take over the trend of the US stock price depreciation the day before and start selling first. The Nikkei average closed the transaction yesterday at the psychological milestone of 27,000 yen, and said, “It is easy to make profit-taking sales because of the sense of accomplishment on the platform” (Toyo Securities Strategist, Ryuta Otsuka). Was asked.

Mr. Otsuka pointed out that following trading starts with selling ahead, it may be developed while keeping an eye on the trends of Asian stocks and US stock futures. He said, “I want to see how much willingness to buy in the downturn.”

The dollar / yen exchange rate is currently in the first half of 136 yen, and the yen continues to depreciate. Although the depreciation of the yen is expected to support some export-related companies due to speculation regarding improving business performance, it is said that the impact on the market as a whole will be limited.

In Japan, the main schedule is to announce the May production, sales and export results of eight Japanese passenger car manufacturers, and the May Commercial Dynamics Statistics Bulletin (Ministry of Economy, Trade and Industry). Overseas, GDP confirmed figures for the January-March quarter (Ministry of Commerce) will be announced in the United States, as well as FRB Chairman Powell, European Central Bank (ECB) President Lagarde, Bank for International Settlements (BIS) President Christine Lagarde. The manager will give a speech on the Central Bank at the ECB Forum.

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

Nikkei 225 27049.47 29388.16 24681.74

+178.20 2022/01/0 2022/03/0

5 9

Chicago Nikkei Average Futures Limit 26745 (yen denominated)

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