Today's stock outlook = buying ahead, favorable view of slowing US inflation 0.03 million7000 yen trial

8/14/2024 8:04 AM GMT+9

The Nikkei Stock Average is expected to start ahead of purchases in the Tokyo Stock Market today, following the trend where US stocks rose the day before in response to a slowdown in growth in the US inflation index. The fluctuation like the previous week is expected to calm down, but if developments involving price ranges continue, a movement to test 37,000 yen is also expected. As a shopping trend, buying into high-performing stocks is expected to support the index.
The forecast range for the Nikkei Average is 36,000 yen to 37,000 yen.
In today's Japanese stock market, buying is likely to dominate in a way that favors the appreciation of US stocks the day before. In the market, voices are heard saying, “In the phase where it fell drastically the previous week, there is also a view that it was oversold, and a buyback may come in” (Okachi Securities/Investment Information Office Manager, Mr. Hiroyasu Mori).
Compared to the previous week, the daily price range of the Nikkei Average has settled down, but the price range is still easy to come out, and it is said that a 37,000 yen trial is also in view.