The LDP victory came as a market booster, or at least neutral for the market. But the topside was capped by losses on Wall Street, |
The LDP victory came as a market booster, or at least neutral for the market. But the topside was capped by losses on Wall Street. |
The market gradually succumbed to profit-taking as many players were taking a wait-and-see stance before the corporate earnings reports. |
The market had already factored in good numbers from the GDP data and there are few incentives to trade on now. |
The market may start with more buy orders than sell orders as U.S. stocks gained ground. |
The market took a breather as investors believed share prices surged too far, too fast in recent sessions. Most market participants were also taking to the sidelines before the release of US employment data later today. |
The market was encouraged by Friday's gains in U.S. stocks. Carrying over late last week's strong market sentiment, players tested higher prices. |
The market will open with a solid footing, but I don't think there will be a further room to gain. |
The prospects for the U.S. economy are mixed at the moment. Exporter stocks may be sold as investors try to confirm if negative figures on growth continue to come out. |
The slide in U.S. stocks looks non-stop. This is not a good sign for Tokyo, especially for high-tech exporters, |
The slide in U.S. stocks looks non-stop. This is not a good sign for Tokyo, especially for high-tech exporters. |
The trend is for a weaker dollar, which will hurt companies, especially exporters. |
There are some worries about inflation in the U.S. and the possibility of further rate hikes. Because of those concerns and the slide in U.S. shares, investors in Japan will likely take some profits. |
There are things to watch later this week. Monthly CPI data is due on Friday and industrial output data on Wednesday. |
There's greater concern now about further U.S. interest rate increases and that will dampen the overall Japanese market. Natural resources-related shares may rise, but hi-tech and autos may fall on concern about reduced overseas demand. |