Today’s stock outlook = weak, FOMC ahead of weak development | Reuters

[Tokyo 21st Archyde.com]-

The Nikkei stock average is expected to be weak in today’s Tokyo stock market. The US stock market is expected to start bearish on the previous day’s decline, but with the announcement of the results of the Federal Open Market Committee (FOMC) ahead, it is likely that there will be little movement following the selling cycle. Although the US long-term interest rate has risen to the 3.6% level, there is a high possibility that it will be a wait-and-see event before the event.

The expected range for the Nikkei average is 27,300 yen to 27,800 yen.

The US stock market fell back on the 20th. The S&P 500 has closed below the 3,900 point, considered strong support, for the past three trading days. With the Chicago Nikkei futures also softening, the morning is expected to start with selling predominance.

However, until the results of the FOMC are seen, it is assumed that both buying and selling will be put off, and the prevailing view is that the Nikkei Stock Average will not break both up and down. Under such circumstances, stocks with high dividend yields are being searched for as the end of the first half is approaching, and this is likely to be a factor supporting stock prices.

The fact that US long-term interest rates have risen to the 3.6% level is attracting attention as a factor. It’s going to be a slow day,” said Hiroyuki Mori, head of the investment information office at Okaji Securities.

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 27688.42 29388.16 24681.74

+120.77 January 5, 2022 March 9, 2022

Chicago Nikkei Stock Average Futures 27230 (yen denominated)

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