Starting with the Nikkei average depreciation of 597 yen, consumer prices continued to grow and contract for 2 consecutive months, pushing down groceries, etc. and maintaining -2%

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Consumer prices continued to grow and contract for 2 consecutive months, holding down groceries etc. at -2%
The year-on-year rate of increase in the national consumer price index (core CPI excluding fresh food) in April shrank for 2 consecutive months. According to the Ministry of Internal Affairs and Communications's announcement on the 24th, core CPI rose 2.2% from the same month last year. It was the same as market expectations. It has been 25 consecutive months that it has surpassed the Bank of Japan's target of 2%.

NISA personal money also went to NVIDIA in April purchase amount, leading overseas stocks
Japanese personal money has begun to go to leading overseas companies via NISA (Small Investment Tax Exemption System) accounts. When the Nihon Keizai Shimbun asked about purchase trends in April for major face-to-face and internet securities, the largest overseas individual stock purchase value was that of a major US semiconductor company $NVIDIA(NVDA.US)$It was.

The yen is the cheapest after intervention and observation in the 157 yen range for the first time in 3 weeks
The yen fell against the dollar in the foreign exchange market on the 23rd, and 1 dollar = 157 yen was at one point. The yen depreciated and the dollar rose for the first time in about 3 weeks since the 1st. In the New York market on the 1st, there is a history where large-scale yen purchases seen as exchange intervention by the government and the Bank of Japan boosted the yen exchange rate. The yen exchange rate approached the depreciation of the yen and the high level of the dollar, which had been set just before the movement seen as intervention.

Tokyo Electron - sales momentum, expectations for early US interest rate cuts recede, US semiconductor stocks excluding NVIDIA are weak
$Tokyo Electron(8035.JP)$There is a selling trend. The fact that early interest rate cut observations have receded in response to the strong economic indicators of the United States announced on the 23rd has been viewed as evidence.

Mitsubishi Electric - Cost competitiveness with Aisin and new EV parts manufacturing company = Nikkei | Individual Articles | News | Traders Web
$Mitsubishi Electric(6503.JP)$It's a fight. The electronic edition of the Nihon Keizai Shimbun is at 5:00 on the 24th with the company $Aisin(7259.JP)$It was reported that it has solidified a policy to establish a new company with electrified parts for electric vehicles (EVs) and hybrid vehicles (HVs).