The Nikkei average is expected to test higher levels mainly from the 12th through the 16th, supported by expectations for earnings growth at AI-related and semiconductor companies. Views are also spreading that long-term interest rates will fall below 3%.
The Nikkei Stock Average is likely to test higher levels from the 12th through the 16th. Expectations for earnings growth at AI-related and semiconductor companies are expected to support market buying. In the domestic bond market, fiscal concerns have eased against the backdrop of remarks by Takaichi Sanae (高市 早苗), and views have emerged that long-term interest rates will fall below 3%.
US September CPI is scheduled to be released on the 14th and will be an important statistic affecting the inflation outlook and the possibility of consecutive Federal Reserve rate hikes. Gasoline prices are expected to rise due to the impact of the situation in the Middle East, drawing attention to developments in price levels.