[Japan Market Conditions] TOPIX rises, semiconductor-related sales - bond futures decline
2024/7/17 14:32 JST (some excerpts)
In the Japanese market on the 17th, while the Tokyo Stock Price Index (TOPIX) maintained an increase due to expectations for a soft landing (soft landing) of the US economy, related stocks such as Tokyo Electron widened the decline from observations that semiconductor regulations against China by the US will become stricter. As a result of this, the Nikkei Stock Average began to decline in afternoon trading.
Bonds, which had been rising in the morning, also stalled. The trend where long-term US interest rates declined from heightened interest rate cut observations has spread, but uncertainty has smoldered over the Bank of Japan's policy response ahead of the monetary policy meeting at the end of the month, and buying momentum is limited. The yen exchange rate against the dollar is in the first half of the 158 yen range, and there is a strong sense of stalemate (mess).
In the Japanese market on the 17th, while the Tokyo Stock Price Index (TOPIX) maintained an increase due to expectations for a soft landing (soft landing) of the US economy, related stocks such as Tokyo Electron widened the decline from observations that semiconductor regulations against China by the US will become stricter. As a result of this, the Nikkei Stock Average began to decline in afternoon trading.
Bonds, which had been rising in the morning, also stalled. The trend where long-term US interest rates declined from heightened interest rate cut observations has spread, but uncertainty has smoldered over the Bank of Japan's policy response ahead of the monetary policy meeting at the end of the month, and buying momentum is limited. The yen exchange rate against the dollar is in the first half of the 158 yen range, and there is a strong sense of stalemate (mess).
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
