TOKYO : Japan's Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the latter part of the year, according to strategists in a Reuters poll.Strategists expect Japanese companies, many of which rely on exports, to particul
TOKYO : Japan's Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the latter part of the year, according to strategists in a Reuters poll.
"But as the environment is not as bad as companies expect, they will slowly raise their forecast towards the end of the year." "Companies whose businesses are linked with China are expected to perform well," said Hiroshi Namioka, chief strategist and fund manager, T&D Asset Management. Many bond strategists expect Ueda to tweak or abandon the current yield controlling framework, which would push up the benchmark 10-year government yield.
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