U.S.–China Tariffs and the Outlook for Japan’s Market — Reading What Comes After the AI Boom
Hello! This time, we’ll analyze recent market topics such as Trump tariffs, U.S.–Japan economic indicators, and AI-related stock trends, while looking at real charts.
🇺🇸 U.S. economy remains solid despite tariffs; retail data surprises on the upside
June U.S. retail sales rose +0.6% MoM, far above the market forecast (+0.1%). Despite inflation concerns, consumer spending stays strong. One reason seems to be companies limiting price pass-through.
💱 USD/JPY weakens yen, briefly touches 149
As expectations for U.S. rate cuts recede, the 10-year Treasury yield has risen, driving the dollar stronger and the yen weaker.
🇯🇵 Nikkei struggles despite weaker yen; semiconductor earnings show signs of slowing
For companies like Rorze and DISCO, generative AI-related demand remains strong, but overall growth momentum is decelerating. Charts below:
DISCO (6146)
Rorze (6323)
📈 U.S. stocks near record highs on AI boom; S&P 500 and Nasdaq drive the rally
In the U.S., AI and semiconductor stocks continue rising, pushing the S&P 500 and Nasdaq Composite to record-high territory.
S&P 500 Index
Nasdaq Composite
🔍 Summary: Post-election market tone & dip-buying opportunities in AI stocks
Japanese stocks remain cautious ahead of the Upper House election and earnings season. Meanwhile, U.S. markets continue trending higher, led by generative AI.
- Japan: Watch for trend shifts after the election
- U.S.: Sustainability of the AI boom and interest rate trends
Stay calm, read the charts carefully, and prepare for dip-buying opportunities.
