The decline, awareness of the slowdown in the pace of Fed rate cuts is growing.

Overview of last week, from December 16 to December 20. Nikkei average high: 39,796.22 yen, low: 38,355.52 yen, closing price: 38,701.9 yen, compared to the previous week: -1.95% ↓ decline, with increasing awareness of the slowdown in the pace of interest rate cuts in the USA. Ahead of financial events, there was heavy movement on the upside from the beginning of the week, but after the Federal Open Market Committee (FOMC) meeting, the slowdown in the pace of interest rate cuts in the USA for 2025 became strongly conscious, leading to further widening of the decline. The Bank of Japan's decision to refrain from additional rate hikes provided some support.

Fisco Japan07:05

A pullback, in a market environment where interest in large Main Board stocks is high.

Overview for last week, from December 16 to December 20: Tokyo Stock Exchange Growth Index high: 643.49, low: 624.65, closing: 624.89, compared to the previous week: -3.09% ↓ declined, amidst a high interest in Large Cap on the Main Board. With attention turning to the central bank meetings of Japan and the U.S., there was also news considered material about discussions on a management integration between NISSAN MOTOR CO <7201> and Honda <7267>, leading to a high interest in Large Cap on the Main Board. After the financial policy events, the focus remains on Large Cap stocks in the Main market.

Fisco Japan07:04

Honda, Nissan to Considering Producing Vehicles at Each Other's Factories: Report

Seeking Alpha01:38

Former Nissan Chairman Ghosn: Seeking an agreement with Honda is a desperate move, there is little chance of synergy between the two companies.

On December 21, according to Gelonghui, former Nissan Motor Chairman Carlos Ghosn stated in an interview on December 20 that Nissan Motor is seeking an agreement with Honda Motor, indicating that the former is in a "panic mode." "This is a desperate move," Ghosn said, "This is not a pragmatic Trade, because frankly, it is difficult to find synergies between the two companies." Earlier this week, Honda confirmed that the company is considering various options, including merging with Nissan, capital alliances, or establishing a holding company. Ghosn mentioned that Nissan Motor and Honda Motor operate similar brands and products in the same market. He expressed concern about both companies.

Gelonghui FinanceDec 21 15:59

Three points to watch in next week's market: Governor Ueda's speech at the Bank of Japan, key opinions in the December Bank of Japan meeting, and the US Consumer Confidence Index.

■ Financial Estimates for the stock market outlook range: Upper limit 39,500 yen - Lower limit 38,000 yen. On the 20th, the US stock market rose. The Dow Inc average closed at 42,840.26 dollars, up 498.02 dollars from the previous day, and the Nasdaq finished trading at 19,572.60, up 199.83 points. The Nikkei 225 Futures in the Osaka Night Session ended trading at 38,880 yen, up 170 yen from the day’s closing price. In the foreign exchange market, the dollar-yen exchange rate fluctuated around 156.40 yen per dollar. The year’s last important meeting of the US and Japanese central banks is approaching.

Fisco JapanDec 21 15:55

Honda and Nissan are considering producing Autos at each other's factories.

On December 21, Gelonghui reported that Honda and Nissan are considering producing Autos in each other's factories to deepen their cooperative relationship. Honda is considering supplying hybrid Autos to Nissan as part of a potential merger.

Gelonghui FinanceDec 21 14:45