On 4 September, the release of U.S. employment data, movements in U.S. long-term interest rates, and expectations surrounding monetary policy in Japan and the U.S. will be the focus of the market in Japan time.
The main focus today is the release of U.S. employment data, with the market closely watching nonfarm payrolls, the unemployment rate, manufacturing employment and average hourly earnings. The figures are scheduled for release at 21:30 local time, and are expected to influence the short-term direction of financial markets depending on the results.
At the same time, there is strong interest in movements in long-term U.S. Treasury yields, and rising long-term interest rates have been cited as a potential drag on stock prices. The dollar is expected to be influenced by the possibility of a rate hike and the market's reaction to interest rates.
Attention is also focused on developments in Japan and the U.S. ahead of monetary policy announcements from both countries from next week onward. Expectations surrounding monetary policy in Japan and the U.S., as well as the timing of the announcements, have been cited as factors that could affect market volatility.