Japan’s Nikkei seen rallying 6% to key 30,000 level by mid-2023 – Reuters poll
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
Japan’s Nikkei 225 share average will rally to the psychological 30,000 level by the middle of next year for the first time since September 2021, per the latest Reuters poll.
The survey findings also mentioned that investors see inflation peaking in the United States and elsewhere, which could cause governments to loosen monetary policy.
“Lower interest rates or higher economic growth would improve the outlook for Japanese corporate profits,” adds Reuters poll.
Also read: USD/JPY slides towards 138.50 on mixed Japan data, pullback in yields, focus on China, Fed talks
[/s2If]
Join Our Telegram Group
