Nikkei Average Slight Drop Starting Arm Expected IPO Prices Above the Upper Limit of the Provisional Condition Range - Stakeholders
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Market Overview
Today's Nikkei Stock Average began at 32742.29 yen, down 34.08 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 0.43 points to 2379.48.
Market Overview
Today's Nikkei Stock Average began at 32742.29 yen, down 34.08 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 0.43 points to 2379.48.
Top news
Negative interest rate cancellation forecast brought forward, Bank of Japan Governor Ueda's remarks - survey
The view that the Bank of Japan will move to lift the negative interest rate policy at an early stage is spreading in response to Governor Ueda Kazuo's recent remarks. The number of economists who assume that it will be canceled by next April has reached about 40%. As for the monetary policy meetings on the 21st and 22nd of this month, everyone expects the status quo to be maintained.
Arm anticipates IPO price above the upper limit of the provisional conditional range - stakeholders
$SoftBank Group (9984.JP)$British semiconductor design company under its umbrella $Arm Holdings (ARM.US)$It is anticipated that the initial public offering (IPO) price will be set at a level above or above the upper limit of the range of provisional conditions. Multiple stakeholders who are familiar with the situation have made it clear.
The corporate goods price index rose 3.2% in August and growth slowed for 8 consecutive months
The August corporate goods price index (preliminary value, 2020 average = 100) announced by the Bank of Japan on the 13th was 119.6, up 3.2% from the same month last year. It fell 0.2 points from July (3.4%), and the rate of increase slowed for 8 consecutive months. The push up, which is mainly due to the rise in import prices, has weakened since a period, but it has continued to rise above the previous year due to progress in price transfer and the effects of the depreciation of the yen.
“Bank of Japan Governor's statement is an opportunity to sell yen” unwavering carry deal
Early negative interest rate cancellation observations were rekindled in the wake of an interview article with Bank of Japan Governor Ueda Kazuo. Domestic bond yields rose rapidly, and after the appreciation of the yen accelerated in the foreign exchange market, it dawned overnight, and the outlook for domestic interest rates was still smoldering. However, there is a lot of acceptance that the environment for “yen carry transactions,” where yen is raised and managed with high-interest currency such as the US dollar, remains unchanged. The scene where the yen exchange rate rises due to speculation involving the Bank of Japan is rather seen as an opportunity for sales, and the upper price of yen is getting heavier.
US Financial Authority's Fight Against Inflation Is “Enough,” Interest Rate Hikes Halt - Morgan S
The rapid growth of the US economy from July to September (3rd quarter) was limited to only one time, and the US monetary policy authority would stop raising interest rates due to a slowdown in production and a slowdown in inflation, and Mr. Bishwanath Tirupachu, who is in charge of bond research at Morgan Stanley, predicted.
Listed on the British Arm, SBG's unique color that oozes from Mizuho who caught the chief secretary
$SoftBank Group (9984.JP)$The listing of British semiconductor design giant Arm, which is under its umbrella, is approaching the 14th. The executive committee for large-scale projects, where the total market value at the time of listing will be the largest in the world in 2023, was composed of a large group of 28 domestic and foreign financial institutions. Who are the 4 main secretaries in charge of the listing $Mizuho Financial Group (8411.JP)$has eaten in.
Vice President of Nippon Steel says China's deceleration “will also have an impact on market conditions and product profits”
$Nippon Steel (5401.JP)$Consolidated net profit for the fiscal year ending 2024/3 is expected to be 400 billion yen, down 42% from the previous fiscal year. Margin (profit margin), which is the price difference between raw materials and steel due to low raw materials, will improve. Meanwhile, Vice President Moritaka Hiroshi also pointed out that the effects of the aftermath of the slowdown in the Chinese economy “cannot be ignored” regarding market conditions and product advantages, where prices change sensitively according to the supply and demand of products, and expressed a sense of caution about the future.
SUMCO's operating profit declined by 30% or more, but market conditions were sluggish for the fiscal year ending 23/12
$SUMCO (3436.JP)$There is a large possibility that consolidated operating profit for the fiscal year ending 2023/12 will decrease by 30% or more compared to the previous fiscal year. Semiconductor wafers, which are the main force, are not performing due to sluggish market conditions, and upfront investment and labor costs are also putting pressure on earnings, and it is expected that operating profit will decline for the first time in three fiscal years.
Rapid rise in NY crude oil, approaching 90 dollars, global demand this year, China's consumption expansion continues to grow to the maximum
Crude oil prices continue to rise. In the US New York crude oil futures market on the 12th, the index price temporarily approached the 90 dollar range, a milestone of 88 dollars per barrel. According to the September monthly report published by the Organization of Petroleum Exporting Countries (OPEC) on the same day, global demand this year is expected to be the largest ever. Oil-producing countries are rather strengthening their stance of cutting production, and there is a strong sense of tightness.
Eisai is a new dementia data company
$Eisai (4523.JP)$It was announced on the 12th that it has established a new company “Theoria Technologies,” which utilizes data such as clinical trials (clinical trials) of dementia. The business will begin in 2024/4. We will develop dialogue applications between patients and doctors, and onset risk prediction algorithms leading to early detection of dementia.
ー MooMoo News Sherry
Distribution source: Bloomberg, Nihon Keizai Shimbun
Negative interest rate cancellation forecast brought forward, Bank of Japan Governor Ueda's remarks - survey
The view that the Bank of Japan will move to lift the negative interest rate policy at an early stage is spreading in response to Governor Ueda Kazuo's recent remarks. The number of economists who assume that it will be canceled by next April has reached about 40%. As for the monetary policy meetings on the 21st and 22nd of this month, everyone expects the status quo to be maintained.
Arm anticipates IPO price above the upper limit of the provisional conditional range - stakeholders
$SoftBank Group (9984.JP)$British semiconductor design company under its umbrella $Arm Holdings (ARM.US)$It is anticipated that the initial public offering (IPO) price will be set at a level above or above the upper limit of the range of provisional conditions. Multiple stakeholders who are familiar with the situation have made it clear.
The corporate goods price index rose 3.2% in August and growth slowed for 8 consecutive months
The August corporate goods price index (preliminary value, 2020 average = 100) announced by the Bank of Japan on the 13th was 119.6, up 3.2% from the same month last year. It fell 0.2 points from July (3.4%), and the rate of increase slowed for 8 consecutive months. The push up, which is mainly due to the rise in import prices, has weakened since a period, but it has continued to rise above the previous year due to progress in price transfer and the effects of the depreciation of the yen.
“Bank of Japan Governor's statement is an opportunity to sell yen” unwavering carry deal
Early negative interest rate cancellation observations were rekindled in the wake of an interview article with Bank of Japan Governor Ueda Kazuo. Domestic bond yields rose rapidly, and after the appreciation of the yen accelerated in the foreign exchange market, it dawned overnight, and the outlook for domestic interest rates was still smoldering. However, there is a lot of acceptance that the environment for “yen carry transactions,” where yen is raised and managed with high-interest currency such as the US dollar, remains unchanged. The scene where the yen exchange rate rises due to speculation involving the Bank of Japan is rather seen as an opportunity for sales, and the upper price of yen is getting heavier.
US Financial Authority's Fight Against Inflation Is “Enough,” Interest Rate Hikes Halt - Morgan S
The rapid growth of the US economy from July to September (3rd quarter) was limited to only one time, and the US monetary policy authority would stop raising interest rates due to a slowdown in production and a slowdown in inflation, and Mr. Bishwanath Tirupachu, who is in charge of bond research at Morgan Stanley, predicted.
Listed on the British Arm, SBG's unique color that oozes from Mizuho who caught the chief secretary
$SoftBank Group (9984.JP)$The listing of British semiconductor design giant Arm, which is under its umbrella, is approaching the 14th. The executive committee for large-scale projects, where the total market value at the time of listing will be the largest in the world in 2023, was composed of a large group of 28 domestic and foreign financial institutions. Who are the 4 main secretaries in charge of the listing $Mizuho Financial Group (8411.JP)$has eaten in.
Vice President of Nippon Steel says China's deceleration “will also have an impact on market conditions and product profits”
$Nippon Steel (5401.JP)$Consolidated net profit for the fiscal year ending 2024/3 is expected to be 400 billion yen, down 42% from the previous fiscal year. Margin (profit margin), which is the price difference between raw materials and steel due to low raw materials, will improve. Meanwhile, Vice President Moritaka Hiroshi also pointed out that the effects of the aftermath of the slowdown in the Chinese economy “cannot be ignored” regarding market conditions and product advantages, where prices change sensitively according to the supply and demand of products, and expressed a sense of caution about the future.
SUMCO's operating profit declined by 30% or more, but market conditions were sluggish for the fiscal year ending 23/12
$SUMCO (3436.JP)$There is a large possibility that consolidated operating profit for the fiscal year ending 2023/12 will decrease by 30% or more compared to the previous fiscal year. Semiconductor wafers, which are the main force, are not performing due to sluggish market conditions, and upfront investment and labor costs are also putting pressure on earnings, and it is expected that operating profit will decline for the first time in three fiscal years.
Rapid rise in NY crude oil, approaching 90 dollars, global demand this year, China's consumption expansion continues to grow to the maximum
Crude oil prices continue to rise. In the US New York crude oil futures market on the 12th, the index price temporarily approached the 90 dollar range, a milestone of 88 dollars per barrel. According to the September monthly report published by the Organization of Petroleum Exporting Countries (OPEC) on the same day, global demand this year is expected to be the largest ever. Oil-producing countries are rather strengthening their stance of cutting production, and there is a strong sense of tightness.
Eisai is a new dementia data company
$Eisai (4523.JP)$It was announced on the 12th that it has established a new company “Theoria Technologies,” which utilizes data such as clinical trials (clinical trials) of dementia. The business will begin in 2024/4. We will develop dialogue applications between patients and doctors, and onset risk prediction algorithms leading to early detection of dementia.
ー MooMoo News Sherry
Distribution source: Bloomberg, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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美しいヒル_5076 : It would be difficult if negative interest rates were lifted. I think negative interest rates are fine. Interest rate is interest paid to the bank in addition to the money you borrow when you get into debt. So if you get into debt, you will be paying more to the bank than the money you borrowed with debt+plus interest, so it will be economically difficult. So canceling negative interest rates means making interest rates positive, so I think it's better to make interest rates negative. I think it will be difficult to pay debts to banks when interest rates rise. It's hard for people who are in debt. However, there are times when you can't live without getting into debt, so it's difficult.