The Nikkei Average doesn't stop at 35,000 yen
・Yen appreciation due to Bank of Japan's early interest rate hike observations, risk of economic modulation, and uncertain factors in the US presidential election
・After hitting a high on 7/11, the Nikkei Stock Average plummeted and fell 10% or more in 9 business days
・The dollar to yen exchange rate is also rapidly appreciating, and sales of Japanese stocks by overseas investors are progressing
Economic modulation
・The US manufacturing business index (PMI) fell below 50, and new home sales also declined
・Even though the Federal Reserve (Federal Reserve) continues to raise interest rates as a countermeasure against inflation, there are signs that the economy is slowing down
BOJ's Gradual Interest Rate Hike Scenario
BOJ's Gradual Interest Rate Hike Scenario
・In Japan, exchange intervention observations and statements by Liberal Democratic Party politicians promote the appreciation of the yen
・A reduction in government bond purchases is predicted at the Bank of Japan's monetary policy meeting from 7/30 to 31, but the possibility of interest rate hikes is low
US presidential election
・Vice President Kamala Harris's approval rating surpasses that of former President Trump in the US presidential election in November
・There is a possibility that trends in US stocks and Japanese stocks will be affected by the election situation
A detailed explanation of the Nikkei Average can be found on YouTube!
From YouTube
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