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Message: [QUOTE="Resolve, post: 227200, member: 29339"] [B][SIZE=5]NIKKEI Analysis: Japanese Stock Market Outlook[/SIZE][/B] [img]https://i.imgur.com/vrmLJwW.jpg[/img] In the first half of 2023, the Japanese stock market was dominated by bullish sentiment due to (still) negative interest rates — while the rest of the G7 countries raised their rates to combat inflation. The NIKKEI-225 index grew by 30% in the first half of the year. But then the balance of supply and demand was achieved, judging by the daily chart, where a range was formed (shown in blue), framing the index’s fluctuations in the second half of the year. Judging by the change in the slope of the bullish trend lines, demand was sufficient to maintain the price at the lower limit of the range, but not enough to go beyond the upper limit. The situation is fundamentally reversed. While interest rates in the US, Europe and elsewhere are thought to be near the top, there is growing talk in Japan that the central bank will begin raising them after years of being stuck in negative territory: → Bloomberg: The next meeting of the Bank of Japan will be held on December 19 – speculation is growing that the Bank will move away from negative interest rates as early as this month. → Reuters: 22 of 26 economists (85%) surveyed in November believe the Bank of Japan will abandon its negative interest rate policy by the end of next year. The winding down of ultra-loose monetary policy could have a negative impact on the growth of Japanese companies - accordingly, the growing bearish sentiment is reflected in the index quote. Since the end of November, the NIKKEI 225 has dropped almost 5%. [img]https://i.imgur.com/JG3aQBe.jpg[/img] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.[/I] [automerge]1702090032[/automerge] [B][SIZE=5]Watch FXOpen's 4 - 8 December Weekly Market Wrap Video[/SIZE] Weekly Market Wrap With Gary Thomson: AUD/JPY, RATE HIKES, S&P 500, WTI Oil[/B] [I]Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.[/I] [LIST] [*] AUD/JPY: Rate Falls to Important Support #AUDJPY [*] Will rate hikes end when 2023 ends? #RateHikes [*] S&P 500: Why Santa May Have Problems Rallying #SantaRally [*] WTI oil price drops to lowest level since July #wtioil [/LIST] [B]Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen.[/B] [I]Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.[/I] [img]https://i.imgur.com/muPggGp.jpg[/img] FXOpen YouTube [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.[/I] #fxopen #fxopenyoutube #fxopenuk #fxopenint #weeklyvideo [/QUOTE]

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