Japanese stocks are likely to weaken on Thursday as the market remains cautious about the impact of US tariffs on corporate earnings. Nvidia's weak earnings outlook could also pressure chip-related stocks. Nikkei futures on SGX fell 0.2% to 42,410.
In the forex market, USD/JPY was at 147.27, weakening from 147.75 at the Tokyo close on Wednesday. A slightly stronger yen is usually a headwind for Japanese exporters, adding pressure to equity sentiment.
In addition to tariff news, investors are also closely monitoring developments in the Liberal Democratic Party (LDP) leadership election. Political uncertainty could dampen risk appetite, especially if it impacts the direction of Japan's fiscal policy and structural reforms.
For context, the Nikkei briefly rose 0.3% to 42,520.27 on Wednesday. However, the combination of US tariffs, the sluggish chip demand outlook, and the yen's movement could trigger short-term selling pressure in the following session.
Source: Newsmaker.id
Japan's Nikkei 225 index closed higher on Friday, buoyed by global market optimism after the Fed cut interest rates again and signaled a looser policy stance going forward. Falling US bond yields have...
Japanese stock indexes rose in recent trading, following Wall Street's recent record highs. This rise was supported by expectations that the Fed will maintain its loose monetary policy in the near ter...
The Nikkei 225 index closed down around 0.9% at 50,150 on Thursday, down nearly 450 points from the previous day. The main pressure came from the technology sector and stocks related to the AI/chip th...
The Nikkei index opened up around 0.2% to 50,707.54, following positive sentiment on Wall Street after the Fed cut interest rates. Today's gains were led by financial and trading house stocks; Dai-ich...
Japanese stocks closed slightly lower on Wednesday, with the Nikkei 225 index down 0.1%, or 52.30 points, to 50,602.80. This weakening occurred ahead of the Fed's important decision, while the yen had...
The US dollar remains sluggish after experiencing intense pressure following the Fed's decision to cut interest rates by 25 bps. The US Dollar Index (DXY) remains in the lower zone and is trending lower weekly, as market participants assess the...
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353 as traders digest comments from Federal Reserve (Fed) officials. Bullion...
US stocks closed sharply lower on Friday as a Broadcom-led rout among the largest tech weights sparked a rotation into cyclicals and defensive names. The S&P 500 fell 1% and the Dow gave back 0.4% after touching record highs, while the Nasdaq...
The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the...
Asia-Pacific markets opened higher on Thursday morning after the Federal Reserve delivered its third interest rate cut this year. The Fed cut the...
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk...
Both the STOXX 50 and the STOXX 600 slipped 0.2% on Thursday, marking a third straight session of losses for the former.
Weak sales and profit...