The Nikkei 225 is maintaining its recovery trend, while TOPIX continues to hit new all-time highs. US CPI rose 3.4% year on year in July, marking a slowdown in growth. China's halving of its crude oil imports is believed to have contributed to easing upward pressure on crude oil prices.
The Nikkei 225 is steadily recovering, while TOPIX continues to hit new all-time highs. The improvement in the investment environment surrounding the equity market is said to be behind the trend.
US consumer prices rose 3.4% year on year in July, marking a slowdown in inflation. Views are increasingly spreading that inflation has passed its peak.
Regarding the risk of higher crude oil prices, some believe that even a renewed escalation of tensions involving Iran would be unlikely to trigger a rise in oil prices, while others point to China's halving of its crude oil imports as having pushed prices lower.