The Bank of Japan raised its policy rate, and the yen strengthened. Japanese stocks are seen as heading toward an autumn turning point, amid reports that crude oil rose to around $100.
There are reports that the Bank of Japan raised its policy rate, and reports that the yen strengthened in the foreign exchange market. Information has also emerged that crude oil prices rose to around $100 per barrel.
This combination is said to have affected market participants’ risk sensitivity, generating both caution and reactions regarding developments in the equity market.
Views are spreading that Japanese stocks are heading toward an autumn turning point, and it has been suggested that future price movements may be influenced by the Bank of Japan’s policy direction and turmoil in the global economy.