INSUBCONTINENT EXCLUSIVE:
TOKYO: Expectations that the US-China trade dispute will eventually ease should help Japanese stocks recover by end-December to show a gain
week put the Nikkei benchmark at 22,375 by the year-end.
Forecasts ranged from 19,500 to 25,000, or a fall of 8 per cent to an 18 per cent
gain from where it closed last week at 21,117.
Worries the trade war between the United States and China could derail global growth have
Securities, noted that not all industries are affected by the trade war and Japanese earnings are not expected to deteriorate sharply.
Ito
was reached next month, just how unscathed the US economy emerges from the trade war remains a big risk for the global economy and the share
Dalton Capital Japan.
He expects the Nikkei to trade at 20,000 at the year end, a fall of 5 per cent from now, before it will rise to 22,000
in June next year.
Market observers say another main focus is whether the government will proceed with a sales tax hike planned in October
seeking voter consent with a snap election if the government were to delay a planned sales tax hike.