The Tokyo stock market on the 10th is expected to trade firmly, led by leading stocks, with the Nikkei Stock Average forecast to rebound for the first time in 3 days. Easing expectations for US rate hikes could make technology stocks more likely to attract buying, analysts say.
The Tokyo stock market on the 10th is expected to trade firmly, led by leading stocks, with the Nikkei Stock Average forecast to rebound for the first time in 3 days.
The backdrop to this outlook is a broadening retreat in expectations for US rate hikes, which is expected to provide a catalyst for higher technology stocks and lift the market.
Market participants are expected to continue closely monitoring movements in major stocks, and the market trend could be swayed by developments going forward.