The Nikkei average rose 151 yen and the starting yen was in the middle of the 161 yen range, and long-term US interest rates declined due to FRB chairman's remarks - low for the first time in 38 years

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The yen is in the middle of the 161 yen range, and long-term US interest rates fall due to FRB chairman's remarks - low for the first time in 38 years
On the morning of the 3rd, the yen exchange rate of the Tokyo Foreign Exchange Market rose slightly from the evening before, to the middle of the $1 = 161 yen range, and remained unchanged. Since Federal Reserve (FRB) Chairman Powell mentioned the resumption of slowing inflation, long-term interest rates in the United States declined, and the dollar fell. Meanwhile, demand for yen sales is strong, and it seems that the tug-of-war with a sense of caution about intervention by the Japanese currency authorities will continue in the low range for the first time in about 38 years.

Incident with small-cap stocks due to TOPIX review, bright and dark stock prices in between - top 1200 barrier
Incidents have already occurred in the small-cap stock market in response to the TSE stock price index (TOPIX) review plan announced by the Tokyo Stock Exchange last month. According to the draft of the Tokyo Stock Exchange announced this time, stocks up to the bottom 4% of the overall market in terms of market capitalization (floating stock basis) will be excluded from the new TOPIX.

Treasurer Kanda notes government bond rating trends as interest rates are one step higher - report at private meeting
Treasurer Kanda Masato arranged discussions at his own private meeting on the 2nd. When the report was published, in response to coverage by news companies, it was assumed that there is a possibility that long-term interest rates will rise further in the future, and expressed the view that “what we have to be careful about” about Japanese government bonds is the rating.

Sumitomo Life says interest rates on 30-year bonds have risen to a maximum of 2.5% - ultra-long-term bond investments are modest
Mitsuo Masuda, manager of the investment planning department of Sumitomo Life, expressed the view that it is possible that 30-year bond yields may rise to a maximum of 2.5% within the 2024 fiscal year, and that currently they have not reached the interest rate level for intensive investment.

Mitsubishi UFJ is slightly pushed by sales, but business is booming, and domestic long-term interest rates are in the 1.1% range and attention is increasing
$Mitsubishi UFJ Financial Group (8306.JP)$The trade-off between buying and selling is also slightly soft. It stood out with 7 consecutive increases until the day before and runs on the new price road, but today the upper price is getting heavier due to immediate profit determination sales pressure.

Fast Track continues to grow, and sales at UNIQLO's existing stores in June exceeded the previous year for 3 consecutive months
$Fast Retailing (9983.JP)$It continues to grow. According to the domestic UNIQLO sales bulletin for June, which was announced after the transaction ended on the 2nd, sales of existing stores combined with e-commerce increased by 14.9% from the same month last year and increased by 2 digits, and it is well received that it surpassed the previous year's results for 3 consecutive months.