Kudaka Kazuya (久高一也), senior market strategist at Sumitomo Mitsui DS Asset Management, presented his outlook for the Nikkei Average at the end of 2026. He expects trading to remain directionless from the summer onward, with the market likely to move sideways ahead of the US midterm elections.
The Nikkei Average is expected to remain directionless from the summer onward, and Kudaka Kazuya (久高一也), senior market strategist, explains his outlook for the end of 2026. The market’s focus is expected to shift to political events and corporate earnings, with investor attention likely to fluctuate depending on developments.
The Nikkei Average is expected to finish at around ¥71,000, with range-bound trading forecast to continue until the November US midterm elections. This could limit risk appetite and suppress short-term price movements.
After the political event, market risk appetite is expected to return more readily following the interim earnings reports of US and Japanese technology companies, with the Nikkei Average likely to strengthen its upward trend toward year-end. The article is reportedly intended for members, and access to follow-up coverage depends on information provided by Nikkei.