The 40,000 yen range is also visible, supported by the depreciation of the yen and heavy political unease = this week's Tokyo stock market

July 1, 2024 8:00 AM GMT+9

The Nikkei Stock Average will rise moderately in the Tokyo stock market this week, and developments are expected to test the milestone of the 40,000 yen range again. The fact that the dollar/yen maintains a depreciation trend in the foreign exchange market is likely to support export stocks. As a shopping trend, it is expected that buying into financial stocks will continue in awareness of additional interest rate hikes by the Bank of Japan.
Meanwhile, political unease in response to the French House of Representatives election and uncertainty about the US presidential election have also been raised, and it has been pointed out that it is difficult to raise the standard at a steady pace.