TOKYO (Reuters) – Japan’s Nikkei stock average is expected to continue falling on the Tokyo stock market today. While the US market is closed on the 4th and there is a lack of overseas clues, there is also a mood to see the contents of the June US employment statistics to be announced on the 7th, and profit-taking selling is likely to take precedence. The Nikkei Stock Average is likely to scramble at a level below the previous day’s closing price (33,422.52 = 4th) amid thin trading.
The expected range for the Nikkei average is 33,000 yen to 33,300 yen.
Nikkei 225 futures in the night trading of the Osaka Exchange is 33,170 yen, and the Nikkei 225 is expected to struggle in the low 33,000 yen range after the start of continued decline.
A domestic securities strategist said in the market, “There is a sense of caution about high prices due to the rapid rise. Today, it is easy to be in a passive mood, trying to sell for profit.”
US markets were closed on Monday for Independence Day. In the European market, investors’ cautious stance weighed on against the backdrop of recession fears and uncertainty over the direction of interest rates.
Today, the minutes of the Federal Open Market Committee (FOMC) meeting (June 13-14) will be released in the United States, and the service sector PMI (Caixin) for June will be released in China. In Japan, Bleach will be newly listed on the growth market.
Closing price of the previous business day High price since the beginning of the year Low price since the beginning of the year
Nikkei Average 33422.52 33772.89 25661.89
-330.81 2023/6/19 2023/1/4
Chicago Nikkei Stock Average Futures Closed
2023-07-04 22:04:00
#Todays #outlook #stockscontinued #decline #mood #thin #trading
