Next week’s earnings and economic calendar, covering 14–18 September, will be in focus. Attention will center on the US and Japanese central bank policy meetings, including the FOMC’s rate-hike decision, expectations for an additional BOJ rate hike, and buying back into AI- and semiconductor-related stocks. The risk of higher prices and costs is expected to remain due to rising WTI crude prices and the impact of developments in the Middle East.
Meetings of the US and Japanese central banks are scheduled for next week, from 14 to 18 September, and are expected to be the key focus. The market will closely watch the FOMC’s rate-hike decision and developments at the BOJ’s monetary policy meeting, while assessing whether buying back into AI- and semiconductor-related stocks will continue.
As for recent developments, with WTI crude oil expected to rise into the $100s, the escalating tensions in the Middle East have been identified as a risk that could push up import prices and corporate costs. There is also a view that opportunities for buying on dips in AI and semiconductor stocks could emerge depending on movements in long-term US interest rates.
Among individual stocks, Terra Drone, scheduled to announce its results on the 14th, is expected to attract market interest as a thematic stock related to Dralon, drones and next-generation infrastructure. During the period, phases of market recovery and downward pressure may alternate, particularly around the BOJ meeting on the 18th.
The key focus will be the BOJ meeting on the 18th, where the decision on whether to raise the policy rate is expected to draw market attention. Together with the US and Japanese central bank policy meetings, the direction of monetary policy going forward is expected to influence short-term market trends.