Tokyo Market Summary: Nikkei Average 347 yen depreciation hedge fund buys yen calls, Bank of Japan QT wary and changes tactics - stakeholders

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Hedge fund buys yen call, Bank of Japan QT wary and changes tactics - stakeholders
Hedge funds suddenly turned bullish on the yen exchange rate one after another, and multiple market participants revealed that they were moving in the opposite direction from before due to yen option transactions. Leveraged funds flooded into option transactions last month in anticipation that the yen would fall again to 1 dollar = 160 yen against the dollar, but as of this week, the situation completely changed, and funds are purchasing yen call options (right to buy) that can obtain profits from rising exchange rates of yen against the dollar.
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Bank of Japan will concretely consider government bond purchase reductions as early as this month's meeting - stakeholders

Long-term interest rates fall to 0.990% = due to weakness in US economic indicators
At the Tokyo bond market on the 5th, the circulation yield of the new 10-year government bond (374th bond), which is an indicator of long-term interest rates, temporarily dropped to 0.990% (bond prices rose). Weak economic indicators were announced one after another in the US, and it took over the trend where long-term US interest rates declined. The US bond market received sluggish employment-related indicators the day before, and long-term interest rates declined. The rekindling of early interest rate cut observations by the US Federal Reserve (Fed) also led to a decline in interest rates.
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[Japan Market Conditions] Long-term interest rates fall below 1%, yen softens to the first half of 155 yen - stocks continue to fall

Real wages declined by a negative margin in April compared to last year's average = Chief Cabinet Secretary Hayashi
Chief Cabinet Secretary Hayashi Yoshimasa expressed recognition at a press conference on the morning of the 5th that “the negative range for April has shrunk” compared to the 2.2% decrease in the average last fiscal year regarding the fact that real wages considering price fluctuations decreased by 0.7% from the previous year in the April monthly labor statistics (bulletin) announced on the same day, and the previous year split was 25 consecutive months. On top of that, he pointed out that it is impossible to determine wage and price growth based only on April results, and said, “We will continue to keep a close eye on the results of labor statistics every month.”

Notable stocks
Lasertech temporarily fell by over 8%, and the publication of reports by short selling investors is a factor encouraging sales
$Lasertec (6920.JP)$It dropped by over 8% at one point. Scorpion Capital, known as a short sale investor, published a report on lasertech on the 5th. It seems to have been a factor that encouraged sales for the purpose of compressing purchasing volume. In the report, Scorpion announced a short sale of the company's stock.

Elliott builds up SoftBank G shares and seeks to buy company shares - report
US hedge fund management company Elliot Management, known as an activist (speaking investor) $SoftBank Group (9984.JP)$The English Financial Times reported that their holdings have been accumulated to over 2 billion dollars (about 310 billion yen), and that they are seeking share buybacks worth 15 billion dollars from the company.

INPEX stock price falls US crude oil futures are low for the first time in 4 months
$Inpex (1605.JP)$The decline continued, and it dropped to 2310 yen 50 yen, which was 80 yen (3.34%) lower than the day before. The crude oil futures exchange rate fell on the New York Mercantile Exchange (NYMEX) on the 4th and temporarily hit a low for the first time in 4 months as a near-term product. Expectations for improving profitability in the petroleum-related business have receded, and sales are starting. $Japan Petroleum Exploration (1662.JP)$Ya $ENEOS Holdings (5020.JP)$It's also cheap.