Japanese Equities Poised for Gains Following Wall Street's Positive Lead
Deep News
Jul 15
Japanese stock markets are expected to open higher, taking cues from an overnight rally on Wall Street.
Market sentiment has been buoyed by robust bank earnings and a US inflation report that came in lower than anticipated.
Domestic technology shares may also find support from the tech-heavy Nasdaq Composite Index, which advanced 0.9% on Tuesday.
However, potential gains for the Japanese benchmark may be capped by ongoing geopolitical tensions in the Middle East.
On the Singapore Exchange, Nikkei index futures are indicating a rise of 710 points, reaching 68,355.
The Nikkei 225 index itself closed Tuesday's session up 0.7% at 67,743.50 points.
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