Express News | The Tokyo Stock Exchange will extend trading hours by half an hour starting from the 5th.
[Japanese stock market review] Once plunged over 1000 points! Nikkei 225 faces double bearish warnings, beware of larger fluctuations.
In the cautious trading ahead of the upcoming release of employment data in the usa and the approaching presidential election next week, the Nikkei/Yen index plunged over 1000 points on Friday (November 1).
Guide to Watching the Show: If Shipo Mao and the opposition party fail to reach an agreement, what will happen next in the Japanese political arena?
①The latest report indicates that the Japanese Diet is set to hold a prime ministerial election on November 11. ②The long-ruling "LDP-Komeito coalition" failed to secure a majority of votes, and also failed to convince major opposition parties to join the coalition. ③Due to Japan's electoral rules, the deadlock will not prevent Japan from electing a prime minister in November.
11/1 [Strong and Weak Materials]
[Bullish/Bearish Factors] Bullish Factors: Bullish factors include the rise in US crude oil futures (69.26, +0.65), expectations for easing inflation in the USA, active share buybacks, and requests from the Tokyo Stock Exchange for increased corporate value. Bearish Factors: Bearish factors include the decline in the Nikkei Average (39081.25, -196.14), the drop in the Dow Jones Industrial Average (41763.46, -378.08), the decrease in the NASDAQ Composite Index (18095.15, -512.78), 1 dollar = 152.10-20 yen, and the fall of Chicago Nikkei futures (38350, -710 compared to Osaka).
Breaking through the 39,000-point mark led to profit-taking! The Bank of Japan has become the trigger, focusing on the US election.
On Thursday (October 31), the Japanese stock market closed down as investors took profits after the Bank of Japan (BOJ) maintained the key interest rate unchanged.
Bank of japan policy has limited impact, market awaits signals from Governor Kuroda's press conference.
Market strategists believe that the Bank of Japan's policy statement on Thursday has limited initial impact on the yen and the Japanese stock market, so they are paying attention to Governor Kuroda's press conference around 3:30 p.m. Tokyo time.