Japanese stocks are expected to continue attracting inflows into AI- and semiconductor-related stocks during the week of 10-14 August. The US employment report on the 7th came in below market expectations, and the resulting retreat in expectations for a US rate hike is seen as providing a tailwind.
Japanese stocks are expected to trade with a firm tone during the week of 10-14 August. The market expects funds to flow back into AI-related and semiconductor-related stocks.
The US employment report on the 7th came in below market expectations, and the resulting retreat in expectations for a US rate hike is expected to affect investment trends. One-way yen depreciation is also expected to be contained amid concerns that the government and the Bank of Japan could intervene in the currency market.
The Nikkei Average is expected to remain firm this week, with the recovery of the AI market and the performance of technology stocks likely to be key areas of focus.
Against a backdrop of macroeconomic factors, including currency and interest-rate trends, robust AI and data-center demand and the outlook for a recovery are expected to remain at the center of market attention.