The Nikkei Average moved in a narrow range after the holiday break amid a lack of market catalysts. Investors are holding back from active trading ahead of the US CPI release.
The Nikkei Average moved in a narrow range after the holiday break amid a lack of market catalysts and trading cues.
The Nikkei briefly recovered to the ¥67,000 range on the 12th, but overall movement remained limited.
The pending release of the US Consumer Price Index (CPI) is one factor discouraging investors from engaging in active trading.
Market participants are taking a wait-and-see approach as trading resumes after the holiday break, and the market could gain momentum depending on forthcoming catalysts.