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Tokyo Market Summary: The Nikkei Stock Average has a slight rebound and a trading exchange with strong buying and the yen is on high alert

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moomooニュース日本株 wrote a column · Mar 8 00:20
Tokyo Market Summary: The Nikkei Stock Average has a slight rebound and a trading exchange with strong buying and the yen is on high alert
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 39688.94 yen, 90.23 yen higher than the previous business day
● Real consumption expenditure fell drastically in January for the first time in 3 years, and anxiety smoldering ahead of Bank of Japan normalization
● A market excited by the Bank of Japan's policy normalization observations as Japanese investment regains boom
● Ultra-long-term bonds fall, BOJ March negative interest rate cancellation observation intensifies - Bank of Japan operation support
● Attention to the handle: $Advantest (6857.JP)$ $Hitachi (6501.JP)$etc
-MooMoo News Japan Stock Zeber

Market Overview
Today's Nikkei Stock Average ended at 39688.94 yen, 90.23 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2726.80, 8.26 points higher than the previous business day.
Top news
Real consumption expenditure fell drastically in January for the first time in 3 years, and anxiety smoldering ahead of Bank of Japan normalization
Consumption expenditure in January (households with 2 or more people) fell drastically for the first time in 35 months since February 2021 on a real basis excluding price fluctuations. While the Bank of Japan is asking about the timing of monetary policy normalization, stagnant consumption is smoldering as a source of uncertainty about the future.

A market excited by the Bank of Japan's policy normalization observations as Japanese investment regains boom
The market is incorporating the extremely realistic possibility that the Bank of Japan will break away from the last remaining negative interest rate policy in the world this month and raise borrowing costs.

The yen hit a high for the first time in a month, and the Bank of Japan's March policy revision observations - US employment statistics are also in the spotlight
The yen exchange rate of the Tokyo Foreign Exchange Market rose to the middle of the $1 = 147 yen range on the 8th, and hit a high for the first time in about a month. In addition to the growing sense of caution that the Bank of Japan will lift its negative interest rate policy this month, Federal Reserve (FRB) Chairman Powell suggested the start of interest rate cuts not far away in the United States, and pressure to buy yen and sell dollars is being applied.

Domestic management companies set up Indian stock investment trusts one after another - there is also an “Orcan effect” on capital inflows
The movement to establish public investment trusts to invest in Indian stocks $MITSUBISHI UFJ FINANCIAL GROUP INC (MBFJF.US)$ It is spreading among domestic management companies, etc. Strong inflow of funds into advance products is in the background, and there are also voices pointing out the ripple effects of the popularity of the foreign stock investment trust “Orkan.”

Ultra-long-term bonds fall, BOJ March negative interest rate cancellation observation intensifies - Bank of Japan operation support
The bond exchange rate on the 8th fell mainly on ultra-long-term bonds. Observations that the Bank of Japan will lift the negative interest rate policy at the monetary policy meeting to be held on the 18th and 19th have intensified, and sales have become dominant. Regular government bond purchases carried out by the Bank of Japan were a supporting factor, and futures temporarily turned positive.

OECD warns of risk in bond markets - maturity barrier looms
The global bond market is facing major challenges. This is because approximately 40% of the debt will mature over the next 3 years, and refinancing will be necessary. The Organization for Economic Cooperation and Development (OECD) pointed it out.

Notable stocks
Ad tests, discos, etc. are expensive, and NVIDIA is drastically high and has risen 6 times in a row to update the highest price ◇
$Advantest (6857.JP)$ is turning back and forth. The value with a high Nikkei average composition ratio is a high-tech stock, and in the morning, while there were slightly irregular price movements due to trading involving major SQ calculations, demand for push purchases was active and actual demand recovered to the 7000 yen level.

Mitsubishi HC Capital - Begins full-scale use of generative AI company-wide in collaboration with solid Hitachi
$Mitsubishi HC Capital (8593.JP)$ It's solid. The company is on the 8th $Hitachi (6501.JP)$ In collaboration with the Generative AI Center, it was announced that full-scale use of generative AI has begun for approximately 2200 employees of the main body of the company from 3/4.

Distributor: Bloomberg, Nihon Keizai Shimbun, Jiji Press, QUICK Money World, Traders WebReuters
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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