In international markets on the morning of 27 October, the Japanese yen fell against the dollar, while gold declined to near $4,013.70 per troy ounce. The Nikkei 225 rose and ended trading at 63,374.45 points.
In the foreign-exchange market, the yen fell against the US dollar as risk appetite increased in Asian markets. Meanwhile, the euro declined in European and other markets. Ahead of the BOJ monetary policy meeting, USD/JPY moved to ¥157.73 per US dollar. Domestic data showed that the September inflation rate for the services sector rose to 3.7% year on year, suggesting a basis for the BOJ to continue raising rates.
In the stock market, the Nikkei 225 rose to close at 63,374.45 points, up 1.91% from the previous day. Market sentiment improved on gains in semiconductor-related stocks and expectations for the AI sector, while Anthropic's IPO filing was a market catalyst. The SOX Index also appeared to show a tendency to move in line with the Nikkei 225.
Gold prices fell to $4,013.70 per troy ounce against the backdrop of the US interest-rate outlook. Views strengthened that scheduled announcements from the Fed and the release of PCE data would influence market expectations for interest rates.
Regarding upcoming events, ahead of the BOJ's two-day monetary policy meeting, expectations have spread that the BOJ will leave its policy rate unchanged at 1.25%, while the possibility of an additional rate hike from next week onward remains uncertain. Attention is also focused on developments at the European Central Bank (ECB) and other major banks.