[Cultural Perspective]
The yen weakens to the mid-155 yen level following cautious remarks by Governor Ueda.
The market continues to incorporate a trend of yen depreciation against the backdrop of insufficient hawkish stance by the Bank of Japan.
On the other hand, US stocks rebounded with S&P500 and Nasdaq. (Including withdrawals by institutional investors)
Tesla's rise leads the way, with Nvidia facing adjustments ahead of earnings.
US bond yields attract buying with high yields, pushing down the 10-year bond yield to 4.41%.
Although there is a temporary increase in bond demand, the expansion of the fiscal deficit suppresses long-term yield declines.
In the oil market, WTI rose by 3.2% due to Middle East risks and a weaker dollar, with supply concerns supporting prices.
Gold prices rose to the $2600 range due to rate cut expectations and central bank buying.
Overall, geopolitical risks and financial policies influence the market, with the potential for increased short-term volatility, making it challenging until the US PMI.