Yutaka Miura
Yutaka Miura
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.
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.
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.
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.
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.
drop highs internet looking oil prices recent start watched
Oil prices need to be watched closely, so any drop from recent highs will help. Even when it comes to the Internet companies, there's a sense that we need to start looking at the fundamentals again.
banking issues
It's pretty much up to how banking issues fare,
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.
ahead large market positions
Market participants are not making large positions ahead of the holidays.
aggressive buying concerns economic fact growth hard ignore justify point reached starting
You can't ignore the fact that concerns about U.S. economic growth are starting to spread. We've reached a point where it's hard to justify aggressive buying from here.
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.