TOKYO (Archyde.com) – Today’s Tokyo stock market is expected to see the Nikkei Stock Average struggle. With the US consumer price index (CPI) coming up in September, it seems that many investors want to wait and see the results, so the mood to see off is likely to grow stronger. Similar to the previous day, it is likely that there will be small movements throughout the day.
The expected range for the Nikkei Stock Average is 26,200 yen to 26,600 yen.
The US stock market on the 12th fell in the midst of unstable development. However, with the declines in all three major indexes being small and futures trading calm in following-hours trading, it is unlikely that the trend of US stocks will be a material to indicate the direction.
On the other hand, there is a mood to perceive that the unstoppable appreciation of the dollar and depreciation of the yen means that the interest rate differential between Japan and the United States is widening following the announcement of the US CPI, in other words, that US interest rates are rising. There is a view that it will not be able to pursue the return.
In terms of hunting, the movement of high-tech stocks continues to be cautious, and domestic demand stocks are likely to continue to move firmly due to expectations of the reopening (resumption of the economy).
Hiroyuki Mori, head of investment information at Okaji Securities, said, “We are waiting for the results of the US CPI, but regardless of the content, the market has already begun to be wary of worsening financial results, and following the CPI, we would like to see the results of Japanese and US companies. I think it makes me feel better,” he said.
Closing price of the previous business day High price since the beginning of the year Low price since the beginning of the year
Nikkei Average 26396.83 29388.16 24681.74
– 4.42 January 5, 2022 March 9, 2022
Chicago Nikkei Stock Average Futures 26360 (Yen denominated)
