Omo, as e be, this week, investors don already dey ginger for U.S. economic data wey go drop soon, chere inflation, retail sales, and jobs news wey go give insight about wetin dey happen for the world biggest economy.
For Asia, na real party for stock market as shares don dey jump after Wall Street rally. Tokyo’s Nikkei no just follow, e don comot like missile, plus more than two percent to land for record high thanks to Japanese Prime Minister Sanae Takaichi wey just win election like say na World Cup. This win go allow am make more fiscal stimulus and tax cuts wey fit help economy grow.
But no be just Japan wan splash cash, other markets like Hong Kong, Seoul, Shanghai, and Singapore sef dey gree move up small small. E be like say market don dey cool down after last week wahala wey make tech firms dey sweat about AI spending wahala wey dey face dem.
As investors dey try balance their pocket, dem dey hope say U.S. government go release some positive figures from non-farm payrolls Wednesday, after e fit no drop last week due to brief government shutdown. This one dey crucial normally as e fit show how many people don get job or the ones wey don lose work!
But no be all sunshine o! Investment analysts dey watch like hawks for tech stocks wey dey struggle to maintain their market positions. As big names like Amazon, Google, and Microsoft dey plan to spend plenty dough for AI dominance, people dey worry wetin go come out of all these heavy spending and when dem go sabi profit.
As e be now, market sentiment dey give life to some stocks but tech market still dey fight back from di latest downturn. Investors still dey see wetin Takaichi go do next as e prepare to blend economy policy with security measures. Make we see how e go play out and whether dem go go back to de drawing board quick-quick.
For now, everybody dey halla “follow the money” and keep eye on inflations, retail sales, and jobs. Na wetin dey happen for Japan special as e fit reshape di gist for global economies, so make we shine our eyes well-well!
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