In Tokyo on the 12th, wait-and-see sentiment is expected to strengthen ahead of the US CPI release, with the Nikkei average likely to trade in a narrow range around the previous day's close.
In the Tokyo stock market on the 12th, wait-and-see sentiment is likely to strengthen ahead of the US Consumer Price Index (CPI) release, and the Nikkei average is expected to trade in a narrow range around the previous business day's close.
Market participants may continue to refrain from trading while assessing the US economic data release, and movements around the market open are expected to be limited.
The domestic equity market is expected to remain subdued ahead of the US CPI release, with the view that investors will continue to take a cautious stance.