The High Municipal Government Sends a 'Cautious' Signal! Is the Bank of Japan Slowing Down Its Rate Hike Pace?

A government advisory panel in Japan has warned that the Bank of Japan should exercise caution in formulating its monetary policy, given the deteriorating corporate financing environment and uncertainties stemming from the situation in the Middle East. This has introduced variability into the market's previously strong expectations for an interest rate hike in June.

Golden10 DataMay 11 20:04

Nikkei May Rise on Signs of U.S. Economic Strength -- Market Talk

WSJMay 11 07:44

Funds are flowing into emerging markets, which have experienced significant increases and were previously lagging behind.

Market Overview for Last Week: April 27 to May 8. Tokyo Stock Exchange Growth Index High: 828.75, Low: 756.37, Closing Price: 828.35, Weekly Change: +7.84%. Significant rise observed as investor sentiment improved amid easing excessive concerns over the Middle East situation. Notably, on May 7 and 8 following the extended Golden Week holiday, there was substantial capital inflow into emerging markets that had been lagging, driven by artificial intelligence (AI) and semiconductor-related stocks, pushing the Nikkei Average Stock Price to a record high.

Fisco JapanMay 10 12:35

The USD/JPY pair may struggle to gain momentum as higher oil prices support dollar buying, while concerns about potential currency interventions persist.

In today's overseas markets, the dollar-yen exchange rate is expected to struggle for gains in the European and U.S. forex markets on the 8th. If expectations for an early resolution to the Middle East conflict recede and crude oil prices rise, initial demand for the dollar may emerge. Increased U.S. inflationary pressure could support dollar buying. However, caution over potential Japanese currency intervention may lead to yen buying, acting as a downward pressure on the dollar. Although hopes for progress in U.S.-Iran peace talks have risen, views surfaced the previous day suggesting that an early end to the Middle East conflict would take time. Additionally, the U.S. Federal Reserve (FRB)...

Fisco JapanMay 8 14:45

Asian Equities Fall as U.S.-Iran Exchange Fire

WSJMay 8 09:29

Hang Seng Investment: Maintaining a neutral risk appetite for the second quarter, favoring U.S. stocks, Japanese stocks, and global technology stocks, with expectations of an interest rate cut in the final quarter.

Henry So, Chief Investment Officer of Hang Seng Investment Management, stated that the bank maintained a neutral overall risk appetite in the second quarter, with a slight preference for equities over bonds. In terms of equities, the bank is relatively optimistic about the U.S., Japanese, and global technology stocks, neutral on China and emerging Asian markets, and relatively bearish on European equities. Regarding bonds, the bank continues to favor Asian investment-grade bonds and has upgraded its view on Asian high-yield bonds to neutral. As for gold, it is recommended to maintain an allocation of 5% to 10% within personal wealth portfolios. The bank anticipates two interest rate cuts, with the first most likely occurring in the fourth quarter. He expressed that the expectation of potential interest rate cuts supports a positive outlook on stock prices.

AASTOCKSMay 7 16:58