Next week's financial results and economic calendar (10/16 to 10/20) financial results announcements are in full swing! Will it be a support material for US stocks

Next week's points
Japanese stocks are likely to continue growing next week. Since semiconductor-related companies have been making financial results one after another in overseas markets, there is a possibility that purchases expecting a reversal in market conditions or bottoming out in future will enter domestic related stocks. In the US stock market, regardless of the tense situation in the Middle East or additional interest rate hikes by the Federal Reserve,If corporate performance exceeds market expectations, there is a possibility that it will rise towards the end of the yearChris Zaccarelli said. In terms of financial results, US Wedbush SecuritiesDemand for artificial intelligence and growth in IT (information technology) investment were confirmed, and “it will create a tech stock rally over the end of the year”I insisted.

Meanwhile, next weekFed Chairman PowellStarting with giving a lecture in New York, Richmond Federal Bank President and New York Fed President attended lectures and debates one after another.It seems to be an important hint to measure the stance of US financial authority leaders on interest rate hikes. Also, from the 21st, Fed officials will be prohibited from making statements about the economy and policy prospectsEntering a blackout period. Once the transmission of information from the Federal Reserve is interrupted,Investors' perspectives seem to shift from US interest rates to corporate performance。

This week's market points
1. The Nikkei Average rebounded for the first time in 4 weeks and recovered to the 32,000 yen level
2. The tense situation in the Middle East was feared, and aggressive purchases were refrained
3. A series of pigeon-like statements by senior Federal Reserve officials have improved mentality
4. Semiconductor-related products were bought, boosting the overall market
5. The US September CPI exceeded expectations, and there is a sense of alarm about prolonged US financial tightening

The Nikkei Average rose by 1,321 yen (4.26%) to 32,315 yen in the Tokyo stock market this week for the first time in 4 weeks. In the financial results for the fiscal year ending 7-9 of Samsung Electronics Korea, the decline in profit narrowed, and the fact that Japanese semiconductor-related stocks with high prices were bought due to expectations that semiconductor market conditions would bottom out also boosted the overall market price.

Due to concerns about the situation in the Middle East, an atmosphere of risk aversion is spreading in the US stock market at the beginning of the week. According to Fed Director Waller, “it is extremely difficult to directly relate” the impact on monetary policy unless the war situation expands and the confidence of companies and consumers cools down. Meanwhile, against the backdrop of successive statements by senior US Federal Reserve officials, expectations for the end of interest rate hikes intensified, and there was a scene where US 10-year bond yields fell to the 4.5% range. However, the September US CPI announced on the 12th suggests that the slowdown in inflation has not progressed as much as expected, and it seems that expectations for the end of interest rate hikes have been mixed.