Yutaka Miura
Yutaka Miura
book closer closing fears issues persistent possible profit surrounded
High-tech issues are surrounded by persistent fears over possible profit warnings as we get closer to the mid-year book closing in September.
attracting foreigners increasing profits stronger threatens
While the stronger yen threatens to eat into the profits of exporters, it's also attracting foreigners by increasing their dollar-denominated return.
desire likely market move strong wait weaker
Basically, I think the desire to wait and see is very strong right now. That being said, U.S. stocks, especially the Nasdaq index, were weaker ... so the market is likely to move lower.
data due friday industrial later output watch
There are things to watch later this week. Monthly CPI data is due on Friday and industrial output data on Wednesday.
break inevitable market people saying takes
Some people are saying the market is overheated and it's inevitable that it takes a break here and there.
ahead large market positions
Market participants are not making large positions ahead of the holidays.
concerns further inflation investors japan likely rate slide worries
There are some worries about inflation in the U.S. and the possibility of further rate hikes. Because of those concerns and the slide in U.S. shares, investors in Japan will likely take some profits.
broad coming focus gains increases japanese likely move opinion posting stocks taking year
U.S. stocks started off the year posting broad gains on the opinion that interest-rate increases are coming to an end. Taking cues from that, Japanese stocks ... with a focus on high-tech issues, are likely to move higher.
good looks sign slide stocks
The slide in U.S. stocks looks non-stop. This is not a good sign for Tokyo, especially for high-tech exporters,
buyers earnings expected japanese loss picking quarter sidelines third
Buyers are on the sidelines with the U.S. third quarter earnings announcements picking up speed, and more loss warnings are expected from Japanese companies.
due fall given korea last north rising step week
We should take a step back today, given rising tensions over North Korea and the subsequent fall in New York. And after rising last week for no fundamental reason, we may be due for a fall.
bank investors japan policy stance until
Investors may take a wait-and-see stance until the Bank of Japan comes out with its policy statement.
brought economic housing investors report sensitive
Investors have been sensitive to any U.S. economic reports. The housing report brought them some relief.
cash contracts fall further investors market sell time turn vicious
Investors sell futures contracts speculating about a further fall in the cash market in the afternoon, so by the time the cash market opens, investors turn bearish -- it's a vicious cycle.