Tokyo Market Summary: The Nikkei average fell by 326 yen, continuing its decline, with the 'NVIDIA festival' once again failing to impress. Cryptocurrencies are becoming even more noticeable with Trump 2.0 - Tokai Tokyo.
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The Nikkei average closed at 38,026.17 yen, down 326.17 yen from the previous business day.
Bitcoin rose to the 0.09 million7000 dollar range and entered the 15 million yen range against the yen.
Cryptocurrencies becoming even more unignorable with Trump 2.0 - Tokai Tokyo
BOJ Governor: 'Predicting the outcome of the December meeting is impossible'
High hurdle for additional BOJ rate hikes - Tokai Tokyo
Hot Stocks: $Fujikura (5803.JP)$、 $Monex Group (8698.JP)$、 $Furukawa Electric (5801.JP)$etc
- moomoo news on individual Japanese stocks Sherry
The Nikkei average closed at 38,026.17 yen, down 326.17 yen from the previous business day.
Bitcoin rose to the 0.09 million7000 dollar range and entered the 15 million yen range against the yen.
Cryptocurrencies becoming even more unignorable with Trump 2.0 - Tokai Tokyo
BOJ Governor: 'Predicting the outcome of the December meeting is impossible'
High hurdle for additional BOJ rate hikes - Tokai Tokyo
Hot Stocks: $Fujikura (5803.JP)$、 $Monex Group (8698.JP)$、 $Furukawa Electric (5801.JP)$etc
- moomoo news on individual Japanese stocks Sherry
Market Overview
In today's Tokyo stock market, the Nikkei average stock price closed at 38,026.17 yen, down 326.17 yen from the previous trading day, while the Tokyo stock price index (TOPIX) closed at 2,682.81, down 15.48 points.
In today's Tokyo stock market, the Nikkei average stock price closed at 38,026.17 yen, down 326.17 yen from the previous trading day, while the Tokyo stock price index (TOPIX) closed at 2,682.81, down 15.48 points.
Top News
Bitcoin rose to the $0.09 million 7000 range, entering the ¥15 million range against the yen.
Cryptocurrency Bitcoin has expanded its gains, hitting a record high of $97,000 for the first time. Against the yen, it entered the ¥15 million range. It is reported that the transition team of President-elect Trump is considering establishing a specialized position for cryptocurrency policy within the White House, among other factors.
Bitcoin rose to the $0.09 million 7000 range, entering the ¥15 million range against the yen.
Cryptocurrency Bitcoin has expanded its gains, hitting a record high of $97,000 for the first time. Against the yen, it entered the ¥15 million range. It is reported that the transition team of President-elect Trump is considering establishing a specialized position for cryptocurrency policy within the White House, among other factors.
Cryptocurrency becomes even more unavoidable with Trump 2.0 ~ Tokai Tokyo.
Tokai Tokyo Intelligence Lab points out in reports on overseas hot topics that cryptocurrencies and related stocks are gaining momentum. Mr. Trump has shown a favorable attitude towards the cryptocurrency industry in the presidential election, and anticipates further expectations for the passage of the "Bitcoin Law." The ETFs for listed physical bitcoins and ethers approved by the SEC this year have seen significant inflows of professional institutional investor funds. Tokai Tokyo believes that the presence of cryptocurrencies in the financial markets has become increasingly undeniable.
Tokai Tokyo Intelligence Lab points out in reports on overseas hot topics that cryptocurrencies and related stocks are gaining momentum. Mr. Trump has shown a favorable attitude towards the cryptocurrency industry in the presidential election, and anticipates further expectations for the passage of the "Bitcoin Law." The ETFs for listed physical bitcoins and ethers approved by the SEC this year have seen significant inflows of professional institutional investor funds. Tokai Tokyo believes that the presence of cryptocurrencies in the financial markets has become increasingly undeniable.
Remarks by prominent individuals
Governor Ueda of the Bank of Japan
Governor Ueda of the Bank of Japan
「12月会合までに多くのデータが出る。12月会合の結果を予測するのは不可能」
「金融政策、最新の情報に基づいて会合ごとに判断」
「トランプ次期米政権の政策が発表された段階で状況を注視する」
「ＡＩの技術進化、金融安定上のリスクの源泉になり得る」
「短期的な為替の動きにはコメントしない」
「現在の為替変動要因も含め、経済・InflationConsidering exchange rate fluctuations when making projections.
The hurdle for additional rate hikes by the Bank of Japan is high - Tokai Tokyo.
At Tokai Tokyo Intelligence Lab, regarding Japan's long-term interest rates (10-year government bond yields), they believe that the temporary rise to the 1.08% range was due to factors such as (1) the situation in the USA becoming more certain with a 'triple red' situation, leading to rising US long-term interest rates, and (2) increasing speculation on additional rate hikes by the Bank of Japan. With the yen depreciation leading to a resurgence in import prices, voices calling for additional rate hikes by the Bank of Japan are likely to grow stronger. However, considering the fluid political situation and the Bank of Japan's responsibility for 'financial system stability,' the hurdle for additional rate hikes is high, and cautious rate hike decisions are required according to Tokai Tokyo. They see limited room for the current long-term interest rates to rise from here, and expect them to continue around 1% for the time being.
At Tokai Tokyo Intelligence Lab, regarding Japan's long-term interest rates (10-year government bond yields), they believe that the temporary rise to the 1.08% range was due to factors such as (1) the situation in the USA becoming more certain with a 'triple red' situation, leading to rising US long-term interest rates, and (2) increasing speculation on additional rate hikes by the Bank of Japan. With the yen depreciation leading to a resurgence in import prices, voices calling for additional rate hikes by the Bank of Japan are likely to grow stronger. However, considering the fluid political situation and the Bank of Japan's responsibility for 'financial system stability,' the hurdle for additional rate hikes is high, and cautious rate hike decisions are required according to Tokai Tokyo. They see limited room for the current long-term interest rates to rise from here, and expect them to continue around 1% for the time being.
The government is adjusting the scale of new economic measures to around 21.9 trillion yen.
The government has begun adjusting the scale of fiscal expenditures for comprehensive economic measures focusing on responding to high prices to around 21.9 trillion yen. Out of this, approximately 13.9 trillion yen will be spent from the national general account, and the total project size, including private funds, is expected to be around 39 trillion yen.
The government has begun adjusting the scale of fiscal expenditures for comprehensive economic measures focusing on responding to high prices to around 21.9 trillion yen. Out of this, approximately 13.9 trillion yen will be spent from the national general account, and the total project size, including private funds, is expected to be around 39 trillion yen.
Hot stocks
Monex Group soars significantly, rising for the fourth consecutive day as rumors circulate about a new post being considered for cryptocurrency oversight in the upcoming US administration.
$Monex Group (8698.JP)$The price has risen significantly for four consecutive days. Expectations are growing as the upcoming Trump administration in the USA is expected to implement cryptocurrency-friendly policies, which have been updating all-time highs daily. In the early hours of the 21st, Japan time, Bloomberg News reported that the transition team of the future US President Trump administration is discussing with industry insiders whether to establish a position focused on cryptocurrency policies within the White House.
Monex Group soars significantly, rising for the fourth consecutive day as rumors circulate about a new post being considered for cryptocurrency oversight in the upcoming US administration.
$Monex Group (8698.JP)$The price has risen significantly for four consecutive days. Expectations are growing as the upcoming Trump administration in the USA is expected to implement cryptocurrency-friendly policies, which have been updating all-time highs daily. In the early hours of the 21st, Japan time, Bloomberg News reported that the transition team of the future US President Trump administration is discussing with industry insiders whether to establish a position focused on cryptocurrency policies within the White House.
Fujikura and other cable stocks are attracting attention again, with speculation on the optical fiber-related special demand following nvidia's earnings pass.
$Fujikura (5803.JP)$In addition to a temporary near 400 yen increase, it quickly recovered to the 6,000 yen range. $Furukawa Electric (5801.JP)$Marked by a significant increase, $Sumitomo Electric Industries (5802.JP)$Buying interest in electric wire stocks is prominent, with substantial increases in stocks such as Vroom and the sharp upward revision of forecasts. Despite NVIDIA's stock being pushed down by profit-taking in after-hours trading, incredible growth has been identified in the details. The strength of demand for AI-specific next-generation semiconductors, "Blackwell," has been highlighted once again. It is anticipated that as Blackwell is integrated into AI servers, the demand for optical fibers and related components will also substantially increase. Consequently, there is renewed interest in electric wire stocks as prominent related stocks.
$Fujikura (5803.JP)$In addition to a temporary near 400 yen increase, it quickly recovered to the 6,000 yen range. $Furukawa Electric (5801.JP)$Marked by a significant increase, $Sumitomo Electric Industries (5802.JP)$Buying interest in electric wire stocks is prominent, with substantial increases in stocks such as Vroom and the sharp upward revision of forecasts. Despite NVIDIA's stock being pushed down by profit-taking in after-hours trading, incredible growth has been identified in the details. The strength of demand for AI-specific next-generation semiconductors, "Blackwell," has been highlighted once again. It is anticipated that as Blackwell is integrated into AI servers, the demand for optical fibers and related components will also substantially increase. Consequently, there is renewed interest in electric wire stocks as prominent related stocks.
Source: Various company releases, NHK, MINKABU, FISCO, Trader's Web
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よろぴこ : Current Japanese stocks are in bad supply and demand, with various factors such as the tariff increases by the Trump administration and the risks of trade regulations with China suggesting performance anxiety and increasing uncertainty for Japanese companies.
Therefore, despite Nvidia's strong earnings and the depreciation of the yen, the situation remains the same. Breaking through the resistance level seems impossible for a while...