Stock Talk: Market on the 10th, Nikkei Average Futures Outlook [Fast Retailing ADR Rise, SQ, ETF Redemption Selling Demand, TSMC Quick Figures, What Lies Ahead?]
Hello! This is Sakaguchi from Kabu Talk.
Today's points of focus
After passing the SQ, the market shifts from price-up chasing to caution over ETF liquidation sales in the afternoon, on the scale of trillions of yen.
A volatile Happy Friday where the goal of reaching the 70,000 yen big round number coexists with the risk of sharp swings.
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Market outlook for July 10
Today's Tokyo stock market is a supply-and-demand peculiar day called SQ (Special Quotation) calculation, and a huge event awaits toward the close.