Against a backdrop of US stock gains over the weekend, the Nikkei Average is expected to rebound in the Tokyo market on the 27th. US stock gains and a pause in the rise in US crude oil futures are expected to support buying, with the Nikkei Average likely to trade with an upside target of around ¥63,000.
The Nikkei Stock Average is expected to rebound in the Tokyo stock market on the 27th. Against a backdrop of US stock gains on the 26th, buying is expected to lead across a broad range of Japanese stocks, with investor appetite for equities likely to strengthen. A pause in the rise in US crude oil futures is also cited as a supporting factor for the market.
The Nikkei Average may rise from the previous day's close of ¥62,189, with around ¥63,000 cited as an upside target. In the US stock market on the 26th, the Dow Jones Industrial Average rebounded, closing at $52,361, up $146 from the previous weekend. Developments related to AI development are also drawing market attention.
The current move is centered on factors supporting buying in the domestic market against a backdrop of US stock gains, and investors are likely to focus on developments in the US market and the energy sector.