[Entering the second week of April] In April, 〇〇 appears to be on an upward trend

Hello, this is Tomoaki.

Last week, things I mentioned for the past couple of weeks have come true, and I'm feeling good about it. ’◡`

I hope this is helpful to everyone.

Now, let's do a recap of last week.

End of March to the first week of April

3/29
Monday

Last week, U.S. stock prices fell in the first half and rose in the second half.
There is a clash between stock selling due to rising long-term interest rates and stock buying due to the Biden administration's $1.9 trillion economic stimulus package.
A pattern of selling stocks and then buying them has formed.

As for the exchange rate, seasonally March tends to be a stronger dollar, but it’s really
moving in line with that expectation.
Now, even if it surpasses 109 yen
there is strong dollar buying due to expectations of stronger economic recovery from expanded U.S. vaccine distribution.

This week, there will be speeches by the President of the St. Louis Fed and Fed Chair Powell, and price movements driven by their statements are likely to repeat. Also, if the number of initial jobless claims comes in better than expected, expectations for the U.S. employment report will rise.