Tokyo stocks are expected to open weaker today following declines in U.S. stocks. Uncertainty over the situation in the Middle East and a lack of market catalysts may also curb trading activity.
Tokyo stocks are expected to come under selling pressure from the opening today as investors react negatively to the previous day's decline in U.S. stocks, with the Nikkei Stock Average expected to remain soft. Crude oil prices are rising amid uncertainty over the outlook for the situation in the Middle East.
Many expect domestic stock market activity to remain limited as a lack of market catalysts makes investors reluctant to trade.
Uncertainty over the situation in the Middle East and developments in the Bank of Japan's monetary policy are cited as key market themes, and investors are expected to continue monitoring developments closely.