Gains in U.S. stocks and a halt in the yen's rise are both supportive for the market.
More Quotes from Hiroichi Nishi:
I'm expecting declines today on the back of the U.S..Hiroichi Nishi
The Nikkei 225 had shed more than half the gains it added in its previous rally, so it was a good time for investors to hunt for bargains.
Hiroichi Nishi
With prices of oil and metals rising higher, shares of commodity producers will benefit.
Hiroichi Nishi
People are hesitant to trade high-tech issues and are waiting for their earnings results.
Hiroichi Nishi
The market is on a strong footing as more investors return after the holiday week and those who made profits in recent trading are reinvesting their cash into stocks.
Hiroichi Nishi
Being seen as reform-minded, Koizumi is drawing support among market players. But we don't know much about his concrete economic policy. This will keep the market from staging a runaway rally.
Hiroichi Nishi
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