This week's points
A heavy upward trend in Japanese stocks is expected this week. While US NVIDIA's financial results, which had been attracting attention, are lacking in new materials, concerns that US inflation will not calm down and interest rate cuts will be far away cool down investor sentiment. From key economic indicatorsDevelopments to search for clues relating to the future of US monetary policyIt looks like it's going to happen. Mr. Taiki Takei of Resona Holdings believes that the range market will continue until around summer, when financial results for the April-6 fiscal year are made one after another. “Since there were many companies that announced conservative forecasts for the current fiscal year in the current financial results, it is difficult to keep up with the stock price increase. Among them, people are beginning to be aware of the decline in interest rate cut observations in the United States,” and it is said that stock prices tend to move unnecessarily even after next week.
As financial results announcements go round and roundMarket interest is once again shifting towards Japan-US monetary policy. Expectations for early interest rate cuts receded in response to an increase in the US PMI last week, and the outlook for inflation, the economy, and monetary policy was once again shaken,This week is a week to check the level of confidence that rice interest rates will be loweredIt's going to be. It will be announced on the 31stThe announcement of personal consumption expenditure (PCE) for April in the US is the most important eventIt becomes...

This article uses automatic translation for some of its parts
Number of people employed in the non-farm sector in MarchIsFriday (5th) at 09:30 p.m. Japan timeIt is scheduled to be announced on At the market, in March of riceThe number of people employed in the non-farm sector is expected to increase by 198,000, and the unemployment rate is expected to rise to 3.8%It's been done.
The number of US job offers for February announced this Tuesday was almost unchanged from the previous month. It was suggested that demand for labor is stabilizing at a high level.
Also, on Wednesday of this week, according to the March US Employment Report announced by Automatic Data Processing (ADP), a payroll calculation service for enterprises, the number of people employed in the private sector increased to 184,000, the largest since July last year, which suggests signs that the labor market remains strong.
Chairman Powell gave a lecture at Stanford University in California on the 3rd. According to him, it suggests the idea that they would like to wait for a more clear signal of slowing inflation before starting interest rate cuts. Regarding the fact that a higher inflation rate was shown recently, it was recognized that it would not change the broader trajectory.
According to US employment statistics for the first fiscal year (February) announced by the US Department of Labor on the 8th of the previous month, the non-farm sector's...