This week's highlights
The Japanese stock market is expected to reach a short-term standstill this week. With few important economic indicators announced and the completion of earnings reports for domestic and foreign companies, there will be few individual triggers.Lack of new clues.On the other hand, depending on the performance of the major semiconductor companies in the USA, there is a possibility of increased volatility in stock index movements in both Japan and the USA. $NVIDIA (NVDA.US)$The USA will be closed on the 19th, and Japan will be closed on the 23rd.
The biggest focus of this week is Nvidia's earnings announcement on the 21st.The market has high expectations for the company's stock, which rose to become the third largest US company by market capitalization on the 14th, surpassing Alphabet.Whether the semiconductor sector will get a further boost or if the positive news has already been factored in will greatly influence the overall market.The US stock options market is anticipating a significant movement in Nvidia's stock after the earnings announcement.On the other hand, while Japanese stocks themselves are not considered overvalued, they tend to become a consolidation phase within the rising trend if the US stock market has exhausted positive news.Investors who have missed the upward trend in Japanese stocks since the beginning of the year are likely to take this opportunity.