Weekly Market Summary (2024/9/28-10/05)

- Due to the continued strength of the US economic indicators and the statements of the newly appointed Prime Minister Ishiba, there has been a significant shift towards a weaker Japanese yen. The remarks made by Chairman Powell also indicate a change in the market situation.
Rather than a temporary return of the strong Japanese yen, it seems that the difficulty in raising interest rates in Japan and the gradual decrease in US interest rates have strongly factored in the decline of long-term US bonds.

The surprising strength of employment statistics caused a significant decline in both short and long term US bond yields.
It is unknown what the future US economy will be like, but looking at economic indicators, there is no further deterioration in the US economy.
For those who have been betting long on the US economic downturn or a stronger Japanese yen, the rebound has been significant, requiring some form of action.

The new Ishibashi Cabinet has been inaugurated. In the policy speech, criticism from the opposition parties and the media has arisen, saying that the strength of the assertions in the party leadership election has subsided.

The situation is escalating with attacks on Hezbollah in Lebanon by Israel and retaliatory missile strikes by Iran.
With OPEC's production cuts maintained, crude oil futures prices have surged.

Stock name: Nikkei 225 Index
Final price: 38,635.62 5-day Chg: -1,193.94 5-day %Chg: -3.00%

Stock name: Tokyo Topix Index
Final price: 2,694.07 5-day Chg: -46.87 5-day %Chg: -1.71%

Stock name: Dow Jones Industrials Average
Final price: 42,352.75 5-day Chg: +39.75 5-day %Chg: +0.09%

Stock name: S&P 500 Index
Final price: 5,751.07 5-day Chg: +12.90 5-day %Chg: +0.22%

Stock name: Nasdaq 100 Index
Final Price: 20,035.02 5-day Chg: +26.40 5-day %Chg: +0.13%

Stock: Nasdaq Composite
Final Price: 18,137.85 5-day Chg: +18.26 5-day %Chg: +0.10%

Stock Name: Russell 2000 Ishares etf
Final Price: 219.15 5-day Chg: -1.18 5-day %Chg: -0.54%

Product name: DAX Stock Index
Final Price: 19,120.93 5-day Chg: -352.70 5-day %Chg: -1.81%

Name of Company: Euro Stoxx 50 Index
Final Price: 4,954.94+G222 5-day Chg: -112.51 5-day %Chg: -2.22%

Name: Bitcoin - USD
Final Price: 62,458.20 5-day Chg: -3,404.83 5-day %Chg: -5.17%

Name: Ethereum - USD
Final price: 2,431.900 5-day Chg: -264.698 5-day %Chg: -9.82%

Source:
Chart data from moomoo Securities
Performance data and financial results from Barchart.com
Indicator data from Tradingeconomics.com