Strong yen exchange rate and volatility alert for a sharp fall in Japanese stocks - exports and materials are cheap
2024/8/7 7:54 JST (some excerpts)
The Tokyo stock exchange rate is expected to fall drastically on the 7th. Due to the strong inclusion of yen in the foreign exchange market and caution against high volatility (volatility), it seems that in addition to export-related and materials such as automobiles and electronics, industries with large market capitalization, such as trading companies, will become cheaper.
On the other hand, it is easy for Japan to buy a corner of related stocks in response to the rise in semiconductor stocks in the US. There is a possibility that financial stocks such as banks, which are driven by rising US interest rates, will also rise to underpin the index.
The Tokyo stock exchange rate is expected to fall drastically on the 7th. Due to the strong inclusion of yen in the foreign exchange market and caution against high volatility (volatility), it seems that in addition to export-related and materials such as automobiles and electronics, industries with large market capitalization, such as trading companies, will become cheaper.
On the other hand, it is easy for Japan to buy a corner of related stocks in response to the rise in semiconductor stocks in the US. There is a possibility that financial stocks such as banks, which are driven by rising US interest rates, will also rise to underpin the index.
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