In the Tokyo stock market after the holiday, the Nikkei 225 is expected to continue trading around the previous closing level as markets await the US midterm election results. It is likely to trade in a range of ¥62,500 to ¥63,500.
In the Tokyo stock market after the holiday, US stocks traded mixed on the 3rd, and there are expected to be few factors giving Japanese stocks direction. The market is expected to trade nervously as investors assess the results of the US midterm elections.
The Nikkei 225 is expected to trade between ¥62,500 and ¥63,500, around the previous trading day's close of ¥63,081 on the 2nd. Accordingly, Nikkei 225 futures are shown at ¥63,090, down approximately ¥170 from the previous day.
One related view is that as the results of the US midterm elections following the holiday become clearer, developments in the US stock market could affect the opening of the Japanese market. Developments in US stocks on the 3rd have also been cited as a key focus.