Tug-of-war, high price alert and foresight are tug-of-war, and it is necessary to keep an eye on the US economy = Tokyo stock market next week

2024/7/12 4:07 PM GMT+9 (some excerpts)

A clash is expected in the Tokyo stock market next week. While the sense of caution that it is in the record high price range is smoldering through the recent rapid rise, there is also a strong sense of supremacy due to speculation about the good performance of domestic companies, and it seems like it will be a tug-of-war. In the United States, where stock prices are also in the high price range, factoring in September interest rate cuts is progressing, but now it is necessary to keep an eye on the economy. Through indicators such as rice retail sales (16th), etc., it will be confirmed whether excessive weakness is seen in the economy. 　
The forecast range for the Nikkei Average is 40,800 yen to 41,800 yen.