Japanese stocks are expected to open higher following the holiday. While gains in AI-related stocks and a weaker yen are providing support, uncertainty over the Bank of Japan's policy outlook is spreading in the bond market.
Japanese stocks are expected to open higher in trading on the 24th, the first session following the holiday. AI-related stocks are expected to regain momentum globally, while a weaker yen and falling oil prices are also cited as factors supporting the broader market. Uncertainty over monetary policy has intensified in the bond market, and investors are focused on the Bank of Japan's future stance.
The performance of AI-related stocks is seen as a factor driving the market, while continued yen depreciation is also viewed as a buying incentive for Japanese stocks. Falling oil prices are also expected to affect the market, and developments in overseas markets are expected to influence the opening of the Japanese market.
In the bond market, wariness has increased over the Bank of Japan's policy decisions and changes in financial conditions. There is a view that domestic and overseas policy developments could become catalysts for a market shift, and investors are closely watching upcoming news and announcements.