Media ININ Economy We Trust
Media iN / Tokyo 30-03-2019 / WAM
The Nikkei Stock Exchange ended the last trading day of the fiscal year 2018 at 21205.81, down 1.16% from the end of FY2017, the first decline in three years on a year-on-year basis.
Analysts in Tokyo said the background to this was a negative risk to the stock market related to the global economic slowdown as a result of the US-China trade war and Britain’s planned exit from the EU.
Analysts warned that the Japanese economy and the emerging economies, which have enjoyed growth, may enter a critical stage from now on, and that equity markets both at home and abroad are expected to remain volatile for some time.
In fiscal year 2019, the stock market is likely to remain under the influence of trade talks between the United States and China, the world’s two largest economies in terms of gross domestic product.
Analysts believe the basis for predicting stock market developments is whether the Fed’s moves will delay interest rate hikes and whether China’s stimulus measures will help halt the global economic slowdown.
