The Nikkei Average is expected to reach above ¥72,000 by year-end, while expectations for upward revisions in interim results are attracting investor attention.
The Nikkei Average is seeing growing expectations for upward revisions on the back of interim results, and buying in AI-related stocks is again coming into focus. Some reports say the index is expected to reach above ¥72,000 toward year-end.
The yen is reported to be expected to trade at ¥154 to the dollar at year-end, while the impact of US interest rate trends is prompting expectations of an acceleration in the pace of rate hikes. Against this backdrop, expectations for exchange-rate volatility continue.
Meanwhile, some also expect the yen to trade at ¥155 to the dollar at year-end, and the possibility of the yen moving higher as the yen carry trade unwinds has been highlighted.