The Tokyo stock market is expected to remain weak today, with persistently high US long-term interest rates and elevated crude oil prices weighing on sentiment. AI-related and semiconductor stocks may lead the decline.
The Nikkei is expected to remain weak today, with caution over the previous day's US market movements likely to spread across the broader market. Market participants cite persistently high US long-term bond yields and firm crude oil prices as factors, and investor sentiment is likely to become more cautious.
Persistently high US long-term interest rates are expected to affect risk appetite across the market, with spillover into currencies and other assets also anticipated. This could limit the movement of funds and increase awareness of downside risks to share prices.
By stock, AI-related and semiconductor stocks have been cited as factors that could lead the market lower, and movements in major stocks are likely to affect the Nikkei. Attention should also be paid to the previous day's US market developments.
Market participants anticipate a cyclical adjustment in line with demand trends and the timing of macroeconomic data releases, and risk scenarios may be reassessed in future news reports.