Tokyo stocks on 7 September are expected to show a risk-on tone led by semiconductor-related shares, with the Nikkei 225 highly likely to extend its gains. European stocks were mixed, but buying was observed, while the market is seen as resilient as the rise in long-term interest rates pauses.
Tokyo stocks on 7 September are expected to show a risk-on tone led by major semiconductor-related shares, with the Nikkei 225 highly likely to extend its gains. European stocks were mixed the previous day, but buying was observed, and the STOXX Europe 600, comprising 600 major European companies, finished slightly higher.
Long-term interest rates are thought to have entered a pause in their rise, and views are spreading that the market will remain resilient. Some market participants also say this could increase the risk tolerance of domestic and overseas investors.
Looking ahead, developments in the semiconductor sector and the direction of European markets are expected to influence Japanese stocks. Investors will want to watch the performance of major shares and interest-rate trends.