Japan Markets Highlights — Jun 29, 2026 | Aivina
June 29, 2026
Japanese markets displayed mixed activity, with the Nikkei 225 recovering earlier losses, driven by chip-related stocks and a weaker yen. The yen continued its depreciation against the dollar, hovering near 157, intensifying speculation about potential BOJ bond tapering. Inflation showed signs of moderating, while the BOJ maintains a data-dependent stance regarding future interest rate adjustments, with market focus on upcoming wage and economic data.
Highlights
- Nikkei showed resilience; boosted by chip stocks; supported by weaker yen.
- Profit-taking occurred; yen strength briefly weighed; market quickly recovered.
- Yen remained weak; hovered near 157 against dollar; BOJ tapering speculation grew.
Macro Overview
Inflation
Tokyo core CPI for May rose 1.9% YoY, slightly below market forecasts and April's 2.2%, indicating moderating price pressures.
Interest Rate Outlook
BOJ maintains data-dependent stance; market anticipates further rate hikes, potentially in July or September, watching wage data.
Risk Sentiment
neutral
This content is generated by AI for informational and educational purposes only and does not constitute financial advice.