Japanese stocks are expected to trade on a soft note on the 8th, with profit-taking prompted by concerns over higher interest rates potentially continuing. The Nikkei 225 and other major indicators are expected to remain weak.
The market is expected to trade on a soft note on the 8th, with the Nikkei 225 expected to decline from the previous day. Growing concern over higher interest rates may prompt investors to continue taking profits.
Dollar-yen has been observed trading at elevated levels, and depending on developments in overseas markets, it may at times weigh on the Nikkei 225. Depending on the direction of major indicators, there may also be periods of caution over a lack of buying in the morning and expanding selling, according to reports.
By stock, interest in security-related and other thematic stocks has been evident in places, and attention is expected to focus on morning trading. Market themes and developments in stocks attracting attention could affect intraday price movements.