The stock market is expected to rebound on the 5th. The easing of expectations for an early US rate hike following the US employment data is cited as the background.
The Japanese stock market is expected to rebound on the 5th. The view that expectations for an early US rate hike eased following the US employment data has been cited as a market catalyst. This could lead to a partial recovery in investors' risk appetite.
Although the sharp decline in US markets from the previous day is expected to affect the Nikkei 225, the Japanese market is expected to trade while assessing developments in the US. Depending on movements in related stocks and individual-stock reactions, conditions may be conducive to buying on dips in specific areas.
The latest data for related stocks put the Nikkei 225 at 68,309.46, trading as of 10/02 at 647.26 points, or 0.93%, below the previous day's level. Attention is expected to focus on clues regarding future US monetary policy while the market assesses overall direction.