Yutaka Miura


Last quote by Yutaka Miura

The testimony is the biggest event of the day, so all the eyes are on it.
Mar 23 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Yutaka Miura is associated, including Nikkei and U.S. Treasury. Most recently, Yutaka Miura has been quoted saying: “The testimony is the biggest event of the day, so all the eyes are on it.” in the article Nikkei falls to 1-1/2 month low, investor focus on political scandal.
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Yutaka Miura quotes

There are few investors who want to chase the market higher until they see more news from overseas especially regarding a U.S. rate hike.

Resistance for the Nikkei lies around 17,000 today, and it is foreign exchange that largely determines whether or not it would be broken.

The market is more nervous about the BOJ than the Fed as it may give a surprise.

U.S. stocks fell, and that is biggest reason why the Nikkei is down today.

With U.S. stocks lower and no fresh catalysts to buy, trading was subdued anyway, but the North Korea news has made investors stay on the sidelines even more.

There is a chance that the 100-yen level will be broken again, which would put pressure on the Nikkei.

If said yen appreciates and breaks 100 against the dollar, then that would set up the Nikkei for a test of 16,000.

I'd say there's probably a great chance of the Nikkei testing the upside of its range.

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