30 ordspråk av Norihiro Fujito
Norihiro Fujito
Higher borrowing costs will lead to a shrinking housing market and a slowdown in the U.S. economy. Overseas investors, being concerned about the U.S. economic outlook, will pull their money out of the Japanese market.
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I expect some volatile moves this week, especially with the steep drop in U.S. shares. Oil-related shares may get a boost on the back of higher commodities prices.
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I think we're in for another week of low volumes and directionless trade. Investors will continue to act cautiously until specifics of the package become clear,
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I think we're in for another week of low volumes and directionless trade. Investors will continue to act cautiously until specifics of the package become clear.
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I'm generally positive about the market outlook next year, too.
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In contrast to the year-end rally here driven by real estate and other domestic plays, taking a lead now are stocks which have a high correlation with the Nasdaq market.
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It is understandable that foreigners want to take profits for now.
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It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..
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Japan's stock market may return to a bullish trend today, helped by U.S. jobs growth. Automakers such as Suzuki and Honda may be particularly strong on the back of the strengthening dollar.
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Local investors got a lift after data showed that foreign investors almost doubled their net purchases of stocks here last week.
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Non-ferrous metal producers are buying targets, supported by strong earnings results.
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Sentiment has turned a bit more bearish, so we're likely to see indexes struggle.
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Sony's results led the market today. The surprisingly upbeat numbers gave the market its strong upward impetus, raising hopes for better-than-expected results from other companies.
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Speculation that some mutual funds here would pour 150 billion yen into equities also encouraged some speculators to buy shares in a thin trading session.
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The accounting problems in the U.S. seem to have crossed a significant hurdle on Wednesday, and the external pressures on the Japanese market in general have probably peaked.
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