Nikkei average rises for the third consecutive day at the start. Bank of Japan to hold a monetary policy meeting starting today. Widely expected to keep the policy interest rate unchanged.
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Here is an overview of the opening this morning. Thank you in advance.
Market Overview
Today in the Tokyo stock market, the Nikkei average stock price started at 39,102.89 yen, up 199.21 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2,689.12, up 7.10 points.
Market Overview
Today in the Tokyo stock market, the Nikkei average stock price started at 39,102.89 yen, up 199.21 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2,689.12, up 7.10 points.
Top News
The yen is strengthening due to "domestic political situation" and the "US presidential election"! With so many uncertain factors, what is the possibility of a rate hike in the Bank of Japan meeting in December? [BOJ Meeting Preview]
With the Bank of Japan preparing for the monetary policy decision meeting on the 30th and 31st, new uncertainties have arisen. Following the ruling coalition of the Liberal Democratic Party and Komeito falling below a majority in the Lower House election on the 27th, the political situation has become unclear, and the yen has depreciated The focus of the October meeting is whether there will be any signals regarding the third interest rate hike of the year at the next December meetingThe Bank of Japan will announce the decision around noon on the 31st, with Governor Haruhiko Kuroda holding a press conference in the afternoon. Given the significant uncertainties, including the U.S. presidential election on November 5th, there is attention on what kind of message will be conveyed.
U.S. Foreign Exchange Market Summary: There were moments of softening to around 153 yen against the dollar due to concerns about the slowing U.S. labor market.
In the New York foreign exchange market on the 29th, the dollar-yen exchange rate closed at around 153.36 yen per dollar, about 7 yen higher against the yen compared to the previous day. The euro was trading at around 165.91 yen per euro, with a euro strengthening and yen weakening by nearly 20 yen compared to the day before.
Three recommended high dividend concept, low volatility stocks with expectation for increased dividends! Invest in undervalued large cap stocks to avoid risks!
Following the passage of the Lower House election, this week in Tokyo's stock market,there is a buyback trend,butU.S. presidential electionand日銀の追加利上げAs events are approaching, the market's uncertainty remains high. Daily trading volume is small, and it seems to take time for a full recovery. The PER (price-to-earnings ratio) of the "Tokyo Stock Price Index (TOPIX) Core 30," which consists of domestic leading large-cap stocks, has been fluctuating around 19.5-21.8 times since the beginning of the year, but there has been a shift since August.16倍程度と大幅に低下し、割安感It is likely to become a safe strategy to invest in such large-cap stocks when they become undervalued during times of risk-on sentiment, as overseas funds tend to flow into these stocks easily.
SoftBank's Son, 'Trillions for the Next Move' - Saudi Investment Conference
$SoftBank Group (9984.JP)$Masayoshi Son, Chairman and CEO of SoftBank Group, spoke at an investment conference held in Saudi Arabia on April 29, stating that he is preparing billions of dollars (trillions of yen) for the next major move. He also discussed the outlook that by 2035, Artificial Super Intelligence (ASI) with intelligence 0.01 million times that of a human will be created. Son attended the International Investment Conference "Future Investment Initiative (FII)" held in Riyadh, the capital of Saudi Arabia, on the same day. While he is invited to this event every year, it is his first time attending in person since 2019.
Source: Various company releases, MINKABU, Bloomberg, Nikkei Business Daily
moomoo news of individual stocks Evelyn
The yen is strengthening due to "domestic political situation" and the "US presidential election"! With so many uncertain factors, what is the possibility of a rate hike in the Bank of Japan meeting in December? [BOJ Meeting Preview]
With the Bank of Japan preparing for the monetary policy decision meeting on the 30th and 31st, new uncertainties have arisen. Following the ruling coalition of the Liberal Democratic Party and Komeito falling below a majority in the Lower House election on the 27th, the political situation has become unclear, and the yen has depreciated The focus of the October meeting is whether there will be any signals regarding the third interest rate hike of the year at the next December meetingThe Bank of Japan will announce the decision around noon on the 31st, with Governor Haruhiko Kuroda holding a press conference in the afternoon. Given the significant uncertainties, including the U.S. presidential election on November 5th, there is attention on what kind of message will be conveyed.
U.S. Foreign Exchange Market Summary: There were moments of softening to around 153 yen against the dollar due to concerns about the slowing U.S. labor market.
In the New York foreign exchange market on the 29th, the dollar-yen exchange rate closed at around 153.36 yen per dollar, about 7 yen higher against the yen compared to the previous day. The euro was trading at around 165.91 yen per euro, with a euro strengthening and yen weakening by nearly 20 yen compared to the day before.
Three recommended high dividend concept, low volatility stocks with expectation for increased dividends! Invest in undervalued large cap stocks to avoid risks!
Following the passage of the Lower House election, this week in Tokyo's stock market,there is a buyback trend,butU.S. presidential electionand日銀の追加利上げAs events are approaching, the market's uncertainty remains high. Daily trading volume is small, and it seems to take time for a full recovery. The PER (price-to-earnings ratio) of the "Tokyo Stock Price Index (TOPIX) Core 30," which consists of domestic leading large-cap stocks, has been fluctuating around 19.5-21.8 times since the beginning of the year, but there has been a shift since August.16倍程度と大幅に低下し、割安感It is likely to become a safe strategy to invest in such large-cap stocks when they become undervalued during times of risk-on sentiment, as overseas funds tend to flow into these stocks easily.
SoftBank's Son, 'Trillions for the Next Move' - Saudi Investment Conference
$SoftBank Group (9984.JP)$Masayoshi Son, Chairman and CEO of SoftBank Group, spoke at an investment conference held in Saudi Arabia on April 29, stating that he is preparing billions of dollars (trillions of yen) for the next major move. He also discussed the outlook that by 2035, Artificial Super Intelligence (ASI) with intelligence 0.01 million times that of a human will be created. Son attended the International Investment Conference "Future Investment Initiative (FII)" held in Riyadh, the capital of Saudi Arabia, on the same day. While he is invited to this event every year, it is his first time attending in person since 2019.
Source: Various company releases, MINKABU, Bloomberg, Nikkei Business Daily
moomoo news of individual stocks Evelyn
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