The Japanese stock market on the 10th is likely to develop to determine solidity. In the US market on the 9th, the NY Dow rose by 484 dollars and the NASDAQ was 193 points higher. According to the US employment statistics for August announced last week, while the growth in the number of people employed in the non-farm sector fell below market expectations, there were mixed results, such as an improvement in the unemployment rate, so purchases aimed at an autonomous backlash against last week's drastic decline came in. The fact that semiconductor stocks such as NVIDIA picked up also led to a sense of security in buying. The Chicago Nikkei 225 futures settlement price is 36215 yen, 25 yen lower than Osaka. The yen exchange rate is hovering at 142 yen 90 yen per dollar.
The Nikkei Stock Average is likely to start before buying in response to US stock appreciation. However, there are times when Chicago futures have declined slightly compared to Osaka, so it is likely that after a round of buying, the feeling of tightness will intensify, and it is likely that they will determine solidity. There are also scenes where Nikkei 225 futures were temporarily bought up to 36510 yen during the night session and then sold up to 35960 yen, and the price movement is still unstable. Since futures options special clearing index calculation (major SQ) for the 9 month period are ahead over the weekend, there seems to be a possibility that hedging compatible movements will intensify if rough price movements continue.
One corner of semiconductors such as NVIDIA is rebounding in the US market, and it is attracting attention whether East Electric (8035), which has updated its year-to-date low, will show a rebound. Also, Apple announced the new smartphone “iPhone 16” series. Make it possible to use the in-house generated AI service “Apple Intelligence” on all models. Apple's stock price had been moving in a negative zone, but then picked up and rose slightly. Also, when semiconductors are used in new smartphones, the arms transmitted are rapidly growing, and it seems that it will be a support material for SoftBank G ＜9984＞.
While there is a possibility that SoftBank G will lead the Nikkei Average, it seems that they will move towards a stance aimed at push. However, the fact that the US Consumer Price Index (CPI) for August is about to be announced on the 11th seems to make people nervous, and it is easy to refrain from aggressive trading. Also, since major SQ is ahead in the futures market, manipulative trading will be refrained, mainly due to rollovers associated with monthly changes. It is difficult to expect aggressive upward price tracking, but in a phase where the solidity of high-tech stocks is seen, it seems that people are becoming aware of buying with the aim of pushing ahead.