The Nikkei is expected to remain weighed down on the upside next week, with around ¥67,000 seen as the indicative level. Massive AI investment by US hyperscalers is cited as the backdrop.
The Nikkei is expected to remain weighed down on the upside next week (31 August to 4 September), with trading likely to center around ¥67,000, according to reports. The Nikkei's trading range is expected to approach this level, and profit-taking selling is reportedly likely to remain prevalent.
The article cites the growing scale of AI investment by US hyperscalers as a contributing factor, noting that AI demand and investment trends are attracting attention as short-term drivers of market volatility. The article does not mention specific investment amounts or stock names and remains broadly limited to indicating the direction of the market.
Market participants are cautioning about short-term price movements. The current focus of the news is on the likelihood of profit-taking selling and the market's approach to this level, with the direction potentially changing again depending on future news releases.