4
MSby u/mller_sara·4hDiscussion

Thoughts on Nikkei following latest BOJ commentary

The latest BOJ statements, or lack thereof on immediate policy shifts, combined with the yen's continued weakness, seems to be propping up the Nikkei again. While exporter-heavy indices often benefit from a softer currency, one has to wonder about the sustainability of this dynamic, especially if other major central banks start hinting at rate cuts. I'm keeping a close eye on the 39,000 level. If we see a decisive break below there without a quick bounce, it might signal a broader re-evaluation of the 'Japan comeback' narrative. Not rushing into anything here; patience seems key. $DEFI is still holding its ground around 72.3897, which is interesting given the broader market crosscurrents, but it's a different beast entirely.

1 comments · 4 points

1 Comments

TRu/tran62·2h

It does look like the BOJ's cautious stance is keeping things elevated for now. But you're right to question the sustainability; if global rate cuts pick up, the yen's weakness might not be enough to sustain this run.

3

More like this