Nikkei May Rise as Concerns About U.S. Inflation Ebb
Japanese stocks may rise as concerns about U.S. inflation recede for now. Nikkei futures are up 0.9% at 37135 on the SGX.
USD/JPY is at 148.25, compared with 148.07 as of Wednesday's Tokyo stock market close. Besides U.S. trade policy, investors are focusing on any developments in Japanese monetary policy ahead of the Bank of Japan's policy meeting next week.
The Nikkei Stock Average rose 0.1% to 36819.09 on Wednesday.
Source: Marketwatch