Today's stock market: Range-bound trading expected ahead of Fed chair's speech, with the Nikkei 225 centered around ¥66,100

Today's stock market is expected to trade in a narrow range, with the Nikkei 225 forecast to move mainly around ¥66,100 as markets await a speech by the US Federal Reserve chair.

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The story

Today's stock market is expected to trade in a narrow range ahead of a speech by the US Federal Reserve chair. Market participants expect the Nikkei 225 to move mainly around ¥66,100.

Some have pointed to the possibility that volatility risk in the market could increase depending on global monetary policy trends following the Fed chair's speech.

At a glance

Nikkei 225Expected to trade mainly around ¥66,100

Market outlookRange-bound trading is expected

FactorsThe market is being shaped by the upcoming speech by the US Federal Reserve chair

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