The Nikkei Stock Average is likely to test a rebound from 16 to 20, with strong corporate earnings expected to provide support. Meanwhile, concerns over intervention in the foreign exchange market are rising, and some say the yen's downside will be limited.
The Nikkei Stock Average is expected to test a rebound from 16 to 20, supported by strong corporate earnings. Market participants say AI-related stocks, in particular, could become more active, putting developments in the AI sector in focus for investors.
The US AI company Anthropic's initial public offering (IPO), expected on the 19th, is viewed as an important event for gauging the outlook for AI and semiconductor stocks.
In the foreign exchange market, some say the yen's downside will be limited because of concerns over yen-buying intervention by the monetary authorities, and movements in the yen could also affect the Nikkei's performance.
Against this backdrop, corporate earnings, developments in AI-related stocks and movements in the yen are cited as factors that will drive the Nikkei's performance.