The rate increases don't seem to be deterring U.S. investors. That boosted confidence to buy more Japanese shares.
More Quotes from Soichiro Monji:
The economy and corporate earnings, in the long term, remain firm, which will benefit shares. That's helping shares rebound from yesterday's losses.Soichiro Monji
Lenders can make plenty of money as long as there is demand for loans. That's what we are starting to see. Real estate developers are also benefiting as demand increases.
Soichiro Monji
Gold and oil prices have risen to a level most people weren't expecting, supporting related company shares.
Soichiro Monji
The U.S. report on worker productivity and labor costs has made it quite difficult for investors to have a good idea of when the rate hikes will actually end. That's keeping a lid on the market.
Soichiro Monji
In the past, I think there had been low expectations for Kyocera's electronics parts business, so I think investors had gradually started to view it as one of the losers in the tech sector. In that sense, these earnings are a positive surprise.
Soichiro Monji
We've got oil rising again and the yen strengthening, and that will trigger some selling in technology stocks as they have been the recent winners. We're going to see some investors locking in their recent gains.
Soichiro Monji
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