Current after Labor Day
If I state the conclusion first about the market over the past two days“Overall, the impression is that the market is in a wait-and-see stance for the month, based on how Tuesday looked.”.
Even so, there are several movements to note, with long-term interest rates becoming a major theme for autumn, and the entire market is expected to move from that baseline, so I will keep that stance and today I would like to reorganize the micro movements of the last two days a little as I write.
After this,I want to touch on the particularly notable moves in the USD/JPY, and also write about the overall feeling of the equity market and the crude oil market, which has a large impact on inflation..