In the meantime, the Japanese Nikkei index on Friday morning was 0.07% higher, despite the fact that USD/JPY on Thursday 0.58% fell to 154.288. Cheerful retail sales, labor market data and a pick-up in inflatoid pressure tested the demand for Nikkei-Index-granted shares. Japan’s core inflation rose in December from 2.4% to 2.5% in January, to support a more Haviks BoJ rate path.
Tokyo Electron (8035), however, collected 3.27%, while Softbank Group (9984) sustained with 0.71%. Nissan Motor Corp. (7201) Extended his profits from Thursday and rises by 0.85%.
Hang Seng closed for Lunar New Year
The Hang Seng Index and China Markets from the mainland remained closed on January 31 for the lunar celebrations of Lunar. Hong Kong trade will resume on Monday 3 February, while China will reopen on the mainland of Wednesday 5 February.
Outlook: Risks and opportunities
Investors must follow geopolitical risks and trade disputes closely, which can influence sentiment. Although technical and AI shares can increase profit, commercial-sensitive sectors such as mining can see increased volatility.
The US government is already considering imposing the rates at China in Saturday 1. February. If the US bypasses China and continues to expand the AI industry of China, the Asian markets-in particular Hong Kong, the mainland of China and Australia–can keep an eye on a profit. However, escalating tensions in the US china can weigh on risk sentiment.
Discover strategies to navigate this week’s market trends here.