Starting with the Nikkei Average rising by 471 yen, the Bank of Japan is carefully judging whether interest rate hikes are appropriate this week, and prices are weak against target trajectory and consumption

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The yen is just around 154 yen against the dollar, holding back ahead of Japan-US policy decisions
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 29th was around 1 dollar = 154 yen, and has remained flat since the evening of the previous weekend. Interest rates declined after the announcement of US personal consumption expenditure (PCE) on the 26th, and yen began to rise from a decline at the beginning of overseas time. Ahead of the Japan-US monetary policy decision in the middle of the week, and from the attitude that they want to determine results, it seems that trading with position adjustments will take center stage in the future.

The Bank of Japan is making careful judgments about whether interest rate hikes are appropriate this week, and prices are weak in terms of target trajectory and consumption
At the monetary policy meeting to be held by the Bank of Japan on the 30th and 31st, the biggest focus is on whether to decide additional interest rate increases at the same time as the reduction plan for government bond purchases. While prices are following the path of achieving the 2% target, while consumption lacks strength, we will carefully determine whether interest rate hikes at this meeting are appropriate.

Tokyo Steel showed signs of recovery and accelerated, increased profit forecasts for the current fiscal year due to price increases, and stock buybacks of over 6% were also evaluated
$Tokyo Steel Manufacturing(5423.JP)$There was a sudden reaction and turned into a backlash for the first time in 9 days the previous weekend, but today they are back all at once with a strong start and are speeding up their legs. After the end of trading on the 26th of the previous weekend, revisions to the earnings forecast for the fiscal year ending 25/3 were announced, and operating profit increased from the previous forecast of 30 billion yen to 32 billion yen.

Nittepec started showing signs of success, increased sales profit by 30% for the fiscal year ending 25/3, and drastically updated to a record high
$Nitto Denko(6988.JP)$Sales were not established due to large purchase orders, and the start was made at an indicative price. After the end of trading on the 26th of the previous weekend, the company announced revisions to its earnings forecast for the fiscal year ending 25/3, and operating profit increased drastically from the previous forecast of 140 billion yen to 180 billion yen (29% increase from the previous fiscal year).