25 Quotes by Norihiro Fujito
- Author Norihiro Fujito
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We're starting to see some evidence of slowdown in the U.S., which is going to be a risk for us. The biggest concern is the oil price and foreign investors who have been buying Japan may be reluctant to buy from here.
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We're starting to see some companies that are struggling significantly in the technology industry. With earnings being in focus this week, they may suffer selling.
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The outlook for the economy will become a focal point this week.
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We've seen a change in the trend of foreigners' investment stance on Japanese shares. It looks like a change in country allocation.
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Sentiment has turned a bit more bearish, so we're likely to see indexes struggle.
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Non-ferrous metal producers are buying targets, supported by strong earnings results.
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I expect some volatile moves this week, especially with the steep drop in U.S. shares. Oil-related shares may get a boost on the back of higher commodities prices.
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I think we're in for another week of low volumes and directionless trade. Investors will continue to act cautiously until specifics of the package become clear.
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Japan's stock market may return to a bullish trend today, helped by U.S. jobs growth. Automakers such as Suzuki and Honda may be particularly strong on the back of the strengthening dollar.
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