Nervousness, concerns about the US economy, and disgusting exchange rate trends due to disgusting exchange rate trends = Tokyo stock market next week

2024/8/2 4:50 PM GMT+9 (some excerpts)

The Tokyo stock market is likely to have nervous price movements next week. In addition to US economic concerns, if the yen continues to appreciate, it is likely to weigh on investor sentiment. There are times when it is the end of a major event, and it seems that the linkage to price movements of the dollar/yen is likely to intensify. There is an aspect where the hawkish faction of the Bank of Japan accelerated the appreciation of the yen, and there is a high level of interest in the main opinions (held on 7/30/31) of the same meeting to be announced on the 8th.
The forecast range for the Nikkei Average is 35,500 yen to 37,000 yen.
At the market, “We have passed the central bank meeting, and major US financial results have gone through a round. There is a voice saying “While there are few events, it seems like it will be a highly volatile week while watching exchange rate trends” (Sakai Hajime, Chief Fund Manager of Mito Securities) is heard.