37 Quotes by Hiroichi Nishi
- Author Hiroichi Nishi
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Sellers may lead the market lower at the opening.
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Gains in U.S. stocks and a halt in the yen's rise are both supportive for the market.
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I expect a weaker opening here due to a higher yen and a fall in U.S. stocks, while a halt in recent rises in oil, gold and other commodity prices is a plus.
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- Author Hiroichi Nishi
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I expect a dull market here, especially given uncertainty in the Iraq war.
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Key U.S. monthly jobs data, due later in the day, a three-day weekend and concerns that the Tokyo market has gone too far too fast are expected to encourage investors to take profits.
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Large-cap, low-priced issues are under the spotlight now that long-term bond yields are falling. That made Tokyo Gas's annual yield of 1.3 percent and Tokyo Electric's 2.0 percent yield look relatively attractive,
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People are hesitant to trade high-tech issues and are waiting for their earnings results.
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Retailers will be in focus after the Seven & I merger news.
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Optimism is increasing that the land price report will confirm that Japan is out of deflation and that the economy is recovering.
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