[Video until 6:00] Stock Talk - Kabushiru Summary of NY Strategy for September 24, Tokyo Market Overview [Small gains expected, EverGrande weighs on the weekend; Germany elects on the 26th]
As of 16:25, we are delivering the trends of the Nikkei 225 futures via video distribution.
[We will send you the viewing URL; the broadcast is in progress. Until 6:00]
This evening's US stock market is expected to rise for all three major indices, but around 4:00 p.m. the mood in overseas markets suddenly changed, and in European stock markets the German DAX is trading down by near 1%.。
The Chinese Shanghai market is down 0.8%, and Evergrande (Evergrande Group) has not made a USD-denominated interest payment on the due date of the 23rd, denying the trend that had been priced in with a grace period until the 30th.
Nikkei futures/CFD/CME are around 30,000 yen, and while the decline is limited, they may remain sensitive to reports linked to Evergrande.
Also, the U.S. 10-year yield is rising into the 1.4% range, and given the streak of gains on Wednesday and Thursday, a turn in momentum is possible, showing it isn’t simple.
In the 3:00 p.m. hour, ECB President Lagarde also acknowledged that European financial institutions are buying Evergrande bonds, so even if the amount is known, it could contribute to weekend risk-off.