The Nikkei Average slipped slightly shortly after the open on the 7th, while higher oil prices have led to widespread reluctance to buy. The yen fell to the mid-¥158 range against the dollar, with dollar buying prevailing.
The Nikkei Average was slightly lower shortly after the open on the 7th. Although specific figures were not provided in the article, the market was reported to have been weak immediately after trading began in the morning.
In the Tokyo morning market, the yen fell to the mid-¥158 range against the dollar. Dollar buying appears to have prevailed amid higher oil prices.
Oil prices rose against the backdrop of concerns over the Middle East, prompting market participants to hold back on buying.