Key points for this week
This week in the Japan stock market, there are expectations for high-level wage increase demands in the spring labor negotiations.There is a possibility that optimistic views on economic recovery will spread.The labor union has set a wage increase target of "over 5%" for the spring offensive, and if the momentum for wage increases is confirmed, it could impact the overall Japanese stock market.Positive ImpactIt could provide. However, there are situations influenced by the trends in the USA market, particularlyUS Economic Indicatorsやthe remarks of President Trump.Depending on the situation, there is a possibility that the decline of USA Stocks could weigh on Japanese stocks. Moreover,Deputy Governor Shinichi Uchida of the Bank of Japan is scheduled to give a speech on the 5th.If a hawkish stance is heard, there may be pressure to buy yen, impacting the stock prices of export companies. However, currently, Japanese stocks appear,to be strongly oversold based on Technical Indicators.In particular, the Nikkei average has aspects related to performance and valuation.There is a view that the downside is limited.Therefore, if appropriate materials are released,a self-directed rebound is expected, and the opportunity for a rebound may arise.However, there is a possibility that the upward trend will continue until the end of the year due to expectations for the Trump administration.
Moreover, there is a strong sense of uncertainty regarding currency trends,domestic demand stocks continue to attract attention....