On the Tokyo stock market on the 17th, sell orders centered on semiconductor-related stocks were issued due to a sense of caution that the US financial tightening would accelerate again, and stock prices fell.
▽The closing price of the Nikkei Stock Average was 183.31 yen lower than the 16th, or 27,513.13 yen. ▽The
Tokyo Stock Price Index = Topics fell 9.16 to 1991.93.
▽The daily trading volume was 1,113.21 million shares. .
The key point in the market these days is the “resilient American economy”.
This week, the consumer price index, retail sales, and wholesale price index, which have been the focus of attention in predicting the US economic trend, were announced, all of which exceeded market expectations.
While the US economy was shown to be solid, senior FRB officials who were wary of inflation made positive statements about monetary tightening one after another.
The Fed just trimmed its rate hike to 0.25% at its monetary policy meeting earlier this month, but comments from senior Fed officials have led the market to expect another big rate hike at next month's meeting. Concerns are starting to emerge.
An unexpectedly large interest rate hike could change the optimistic view of the economy, and market players are nervous about US economic indicators and statements by senior FRB officials.