Points for this week
It is expected that the Japanese stock market this week will have a heavy upside. Amid concerns that investors' sentiment will be chilled as the United States' inflation remains unsettled and the likelihood of interest rate cuts recedes, there is a lack of new information after passing the earnings of the highly anticipated U.S. NVIDIA. From major economic indicatorsit seems that there will be a development to explore clues about the future of U.S. monetary policyaccording to Daiki Takei, President of Resona Holdings, it is expected that range-bound trading will continue until around the summer, when the earnings announcements for the April-June period will be released. "Many companies have announced conservative outlooks for the current fiscal year in their earnings reports, so stock prices are finding it difficult to gain upward momentum. In addition, the retreat of expectations for interest rate cuts in the United States is also starting to be noticed," he said, and stock prices are likely to remain lackluster even after next week.
As the earnings announcements come to an endmarket attention is once again turning to the monetary policies of Japan and the United StatesFollowing the positive surprise of the U.S. PMI last week, expectations for an early interest rate cut have diminished, and the outlook for inflation, the economy, and monetary policy has once again become uncertainThis week will be a week to confirm the likelihood of a U.S. interest rate cutwhich will be announced on the 30thThe announcement of the US April Personal Consumption Expenditures (PCE) is the most important event.Earnings Reports and Economic Calendar for this week (5/27~5/31): Will the market continue to be dominated by NVIDIA? Expectations for buying opportunities in domestic semiconductor-related stocks.

This article uses automatic translation for some of its parts
Number of people employed in the non-farm sector in MarchIsFriday (5th) at 09:30 p.m. Japan timeIt is scheduled to be announced on At the market, in March of riceThe number of people employed in the non-farm sector is expected to increase by 198,000, and the unemployment rate is expected to rise to 3.8%It's been done.
The number of US job offers for February announced this Tuesday was almost unchanged from the previous month. It was suggested that demand for labor is stabilizing at a high level.
Also, on Wednesday of this week, according to the March US Employment Report announced by Automatic Data Processing (ADP), a payroll calculation service for enterprises, the number of people employed in the private sector increased to 184,000, the largest since July last year, which suggests signs that the labor market remains strong.
Chairman Powell gave a lecture at Stanford University in California on the 3rd. According to him, it suggests the idea that they would like to wait for a more clear signal of slowing inflation before starting interest rate cuts. Regarding the fact that a higher inflation rate was shown recently, it was recognized that it would not change the broader trajectory.
According to US employment statistics for the first fiscal year (February) announced by the US Department of Labor on the 8th of the previous month, the non-farm sector's...