Japanese Stocks Potentially Rangebound Amidst U.S. Trade Policy Uncertainty #

Japanese stocks are experiencing uncertainty due to ongoing instability concerning U.S. trade policy. Nikkei futures have seen a decrease of 0.3%, now at 38,265 on the SGX. The USD/JPY has shifted to 151.16, down from 151.59 as observed during Thursday’s Tokyo stock market closure.

Investors are closely monitoring developments surrounding Ukraine and the conflicts in the Middle East, which continue to shape market sentiment. Despite these uncertainties, the Nikkei Stock Average managed to climb by 0.6%, reaching 38,349.06 on Thursday.

Overall, the current landscape suggests that Japanese stocks may trade within a limited range pending further clarity on these global political and economic tensions.