TOKYO (Archyde.com) – Today’s Tokyo stock market is expected to see a soft run for the Nikkei Stock Average. In the US market, the stock market has fallen due to caution about employment statistics, and it seems that selling will take precedence. The five consecutive surges up to the previous day raise concerns over overheating. The results of the Bank of Japan’s monetary policy meeting are about to be announced, and there is a possibility that price fluctuations will become unstable before and after the announcement.
The expected range for the Nikkei Stock Average is 27,900 yen to 28,300 yen.
The US stock market closed lower led by bank stocks. A sense of wariness about the employment statistics announced on the 10th weighed on. SVB Financial Group, a financial holding company with a major focus on the technology industry, announced a $1.75 billion sale of shares and other bank stocks yesterday to weather a decline in deposits from cash-strapped start-ups. spread.
The Nikkei Stock Average is expected to remain weak due to concerns about US employment statistics and falling US stock prices. It is feared that falling bank stocks and high-tech stocks in the US market may spread and weigh on the market. The Nikkei Stock Average rose by more than 1,000 yen in five consecutive rises, and it is believed that profit taking and selling waiting for return will be weighed down.
In the market, “Buying related to the calculation of the Major SQ (Special Liquidation Index) has run its course, and if the US stock futures in after-hours trading does not stop declining, it is possible that it will fall below the milestone of 28,000 yen. (Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management).
At the Bank of Japan’s monetary policy meeting, the prevailing view is that the policy will remain the same, but there are concerns that price movements will become unstable around noon when the results are expected to be announced.
Domestically, in addition to the announcement of the results of the Bank of Japan’s monetary policy meeting and the press conference of Governor Haruhiko Kuroda, there will be an announcement of the household survey in January and the corporate goods price index in February. In the United States, February employment statistics and fiscal balance will be announced.
Closing price of the previous business day Highest price since last year Low price since last year
Nikkei Average 28623.15 29388.16 24681.74
+178.96 2022/01/0 2022/03/0
5 9
Chicago Nikkei Stock Average Futures 28000 (Yen denominated)