HN
Hiroyuki Nakai
23quotes
Quotes by Hiroyuki Nakai
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The market is under pressure from three E's -- energy, euro and earnings, ... With third-quarter results about to come out in the U.S., investors are not so eager to take positions now.
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The market is under pressure from three E's -- energy, euro and earnings. With third-quarter results about to come out in the U.S., investors are not so eager to take positions now.
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The market looks likely to pause today rather than extending the past pace of its rally.
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Investors aren't waiting for anything specific, but they do expect leaders to talk more about breaking down barriers. Also, the word IT will be in headlines for a while and that's a supporting factor in itself.
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If the United States raises rates broadly, such as past the 5 percent mark, then we would certainly see some damage in Japan, but with the way things are right now, I don't think it is much of a worry.
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The U.S. economy is trotting away from its soft patch, while Japan has begun to move away from its own. These movements show that fundamentals are strong.
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Stocks were hit by a double-shock of New York plunge and the Nikkei reshuffle. The New York tumble was already factored in, but the reshuffle will continue to hurt the market for the rest of the week.
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Everyone's bonuses were a little bit better this year, and they've seen the value of their assets increase, so if you go to an electronics store now there are a lot more people.
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The yen's rise and uncertainty over possible (dollar-supporting) intervention made players take a wait-and-see stance.
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A cut of 0.5 percent is well expected, but more important for Japan will be how U.S. stocks react.
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