The market's been hoping the Fed will announce a shift toward a neutral bias (towards future interest-rate changes), which could help the U.S. market recover.
More Quotes from Toshihiko Matsuno:
This is typical market behavior right before official book-closings, ... We're seeing institutional investors selling cross-held shares and taking profits, while some are staying on the sidelines.Toshihiko Matsuno
There are serious worries consumer sentiment would deteriorate if possible U. S. military action lasts a long time,
Toshihiko Matsuno
The market's interest in millennium-related stocks is also supporting such shares . Other sectors aren't looking that exciting at the moment.
Toshihiko Matsuno
Share prices rose as technology shares here benefited from gains in the Nasdaq index.
Toshihiko Matsuno
The market's power is limited right now and I think it's safe to assume that tomorrow's CPI data is the reason for that.
Toshihiko Matsuno
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