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After the election, the governor of the Bank of Japan first discusses mmf policy, and next Monday's speech might reveal signals of an interest rate hike.
Bank of japan Governor Kazuo Ueda will give a speech and hold a press conference next Monday in Nagoya, Japan, and the market is highly anticipated.
The depreciation of the yen has driven Japan's wholesale inflation to soar in October, adding uncertainty to the central bank's interest rate decision.
Japan's wholesale inflation rate in October accelerated to the fastest level in over a year, mainly due to the depreciation of the yen pushing up the cost of some imported commodities.
Nikkei Average significantly continues to decline, strongly aware of caution towards the upcoming Trump administration.
On the 12th, the US stock market fell. The Dow Jones Industrial Average closed at 43,910.98, down 382.15 points, while the Nasdaq ended trading at 19,281.40, down 17.36 points. With caution near record highs, the market was mixed after the opening. There were no new buying incentives, and profit-taking selling pressure increased due to temporary feelings of achieving high prices, leading to a decline in the market. Throughout the day, wary of the rise in long-term interest rates due to improved economic outlook and speculation of interest rate cuts, the market remained weak. Looking ahead to tomorrow.
JFEHD, Japan Catalyst, etc. [List of stock materials from the newspaper]
*JFEHD＜5411＞JFE Engineering sets the target for the fiscal year ending March 2028 at a record high, with orders reaching 800 billion yen (Nikkan Kogyo front page) -○ *Agrokane Show＜4955＞Idemitsu Kosan launches a TOB at 23 billion yen to expand agrochemicals business (Nikkan Kogyo page 3) -○ *Toyo Engineering＜6330＞Collaborates with a Thai company to promote plant decarbonization (Nikkan Kogyo page 3) -○ *Nippon Shokubai＜4114＞Acquires a JSR subsidiary, strengthening waterproof materials, and more (Nikkan Kogyo page 3) -○ *Tohoku Electric Power＜9506＞ Unit 2 of the Onagawa Nuclear Power Plant
Trump trade is also swayed by favorable and unfavorable factors.
The Nikkei average fell for the first time in three business days, closing at 39,376.09 yen, down 157.23 yen (with a volume of approximately 2.46 billion shares). Against the background of the previous day's rise of US stocks and a weaker yen, buying was predominant in the morning. There were moments when it rose to 39,866.72 yen towards the end of the morning session. However, there is a tendency for selling to occur in anticipation of a return before the psychological milestone of 10,000 yen, as well as firm statements towards China and Iran by Trump's future Secretary of State, Marco Rubio, according to US media.
The Nikkei average has fallen for the first time in three days, reflecting concerns about the upcoming Trump administration.
On the 11th, the US stock market continued to rise. The Dow Jones Industrial Average closed at $44,293.13, up $304.14, while the Nasdaq closed at 19,298.76, up 11.99 points. Buying continued on expectations of deregulation and growth-oriented policies under the upcoming Trump administration, leading to gains after the opening. However, with the bond market closed due to Veterans Day, causing a lack of material, small-cap stocks were bought as part of a rotation, while tech stocks were sold off, leading to a temporary decline in the Nasdaq. The Dow remained strong throughout the day.