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Good evening everyone. In the US stock market this week, the...

Good evening everyone. In the US stock market this week, the Dow average rose by $211.02 compared to the previous day, while the Nasdaq also fell 319.49 points. The Nikkei Average has formed a double top pattern and the downtrend is getting stronger, but since the divergence rate with the 25-day moving average has exceeded 7%, there is also a possibility of a rebound. An adjustment in the semiconductor sector is expected, and investors should be careful about the decline in the NT ratio.
The movement of yen is attracting attention in the exchange market. There was a scene where the appreciation of yen progressed due to a sense of caution against intervention by the government and the Bank of Japan, but due to the uncertainty of the situation in the Middle East and expectations for the Bank of Japan's monetary policy meeting, the balance between yen sales and dollar purchases has been maintained delicately. Careful responses are required to future trends in the exchange market.
Next week, there are many notable economic events, such as the announcement of China's loan prime rate (LPR), the European Consumer Confidence Index, and the Bank of Japan's monetary policy meeting. Also, financial results for major companies such as Tesla and Microsoft are also scheduled to be announced, so the impact on the market is attracting attention. These events will be an important indicator when considering future strategies.
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