[Bull and Bear Materials]
Bullish materials
Nikkei Average rose (+506.07) to 40,580.76.
Nasdaq Composite rose (+159.54) to 18,188.30.
Chicago Nikkei Average futures rose to 40,660 yen, up 60 yen from the Osaka market comparison.
SOX Index rose (+106.73) to 5651.72.
US crude oil futures rose (+1.07) to $83.88.
Long-term US interest rates fell.
Expectations for inflation to ease in the US.
Request for improvement in corporate value by the Tokyo Stock Exchange.
Bearish materials
- The NY Dow was down (39,308.00, -23.85).
- 1 dollar = 161.50-60 yen.
- The VIX index rose (12.09, +0.06).
Concerns about early additional rate hikes by the Bank of Japan.
Prolonged fighting in Ukraine and Israel.
Low approval rating of the Cabinet.
Notes to be aware of:
- Securities investment for foreign and domestic (last week)
- Australia's trade balance (May).
- Switzerland's unemployment rate (June).
- German manufacturing orders (May).
- Minutes of the European Central Bank (ECB) regular council meeting (June).
- UK general election.
- Brazil's trade balance (June).
- The US stock market is closed (Independence Day).