Will it take time for a market shaken by the words and actions of former US President Trump to calm down

Since the monetary policy meeting by the Bank of Japan will be held from July 30 to 31, it is easy for various statements about monetary policy to fly around like Digital Minister Kono's statement last week, and it seems that the dollar will swing up and down each time in the exchange market. Is it likely that it will be difficult for both the exchange market and the stock market to settle down until the end of July? As of now, a reduction schedule for government bond purchases has been shown, and there is a strong view that implementation of additional interest rate hikes will be postponed, but since various speculations such as leak information from Bank of Japan officials are mixed up, I think that the nervous situation will continue in both the stock market, exchange market, and interest rate market. At the same time, the US Federal Open Market Committee (FOMC) will also be held around the same time as the Bank of Japan meeting. The current FOMC meeting is expected to pass without wind, but there is a possibility that US Federal Reserve (Fed) Chairman Powell will leave some kind of statement in preparation for implementing interest rate cuts at the next September meeting. The ability of Federal Reserve Chairman Powell to respond to the pressure of former US President Trump that “interest rates should not be cut before the presidential election” is also noteworthy.

I would like to look forward to speculation ahead of the Bank of Japan monetary policy meeting scheduled for the end of July. Since the price movements of regional bank stocks are lighter than megabanks, we will pay attention to the company's trends.

Russell 2000, which consists of small and medium-sized stocks, is showing strong movements in the US market, and it has become a stimulus for the main stocks in the growth market. Since investment funds have begun to flow in mainly stocks that have adopted the Growth Market Core 20, attention is being paid to the company as a stock that has lagged behind.

Since personal information leak news and hacking news are coming out one after another, attention is being paid to the company as a corner related to internet security. It is a situation where trading prices increase and fluctuate easily, but since the year-to-date high price was updated last weekend, I think the supply and demand side is good.