The British referendum (on June 23) is likely to dictate the market's pace for the time being. Japanese stocks were already on a weak footing last week, so today's decline is in alignment with that. Soichiro Monji More Quotes by Soichiro Monji More Quotes From Soichiro Monji The rise in the broader stock markets looks to keep going. The U.S. government reopening is definitely a plus for market sentiment, there are still potential risk factors, such as the U.S.-China trade row and Brexit. Soichiro Monji business As with 2018, the U.S.-China trade row remains a key market theme in 2019. A slight difference is that there are some signs that the two sides are seeking some sort of a resolution, china seems to be running low on options, while the United States would also want to avoid a prolonged conflict given the negative consequences on its markets and the economy. Soichiro Monji top-news President Trump has not accomplished very much in terms of trade issues and is likely to remain vocal with the U.S. midterm elections coming up. Soichiro Monji business President (Donald) Trump has not accomplished very much in terms of trade issues and is likely to remain vocal with the U.S. midterm elections coming up. Soichiro Monji business Even if the BOJ were to ease again, it is difficult to tell whether that would lift stocks and weaken the yen. Soichiro Monji company-news
