Japanese stocks are expected to move this week depending on the outcome of the US midterm elections, with the Nikkei 225 expected to remain generally around ¥65,000. In foreign exchange, the yen is expected to trade at ¥155.50–¥159.50 per US dollar, while the yield on newly issued 10-year government bonds, a benchmark for long-term interest rates, is expected to move around 2.7%–2.9%.
The US midterm election results are expected to attract attention in financial markets this week. Investors are likely to assess the market's direction depending on the election outcome.
The Nikkei 225 is expected to remain around ¥65,000. In the foreign exchange market, the yen is expected to trade in a range of ¥155.50–¥159.50 per US dollar, while the yield on newly issued 10-year government bonds, a benchmark for long-term interest rates, is expected to move around 2.7%–2.9%.