Investors are more confident about buying domestic demand- related shares after the report. The market took higher prices positively as the market's momentum continues to rise.
We cannot see any upper limit for commodity prices given the tight supply. There is still room for commodity stocks to gain.
It's not really that overseas investors are negatively reacting to Japanese stocks overall but rather... they are waiting for results, worried about rising oil prices and higher interest rates.
Higher oil prices and a strengthening yen accelerated selling.
The Federal Reserve will concentrate on the decrease in house prices and home equity loans as a strong indicator of the cooling of the U.S. housing bubble. That may limit further increases in rates past 5.25 percent.
The share prices of JFE and Nippon Steel fell after they had risen until Monday. They will not drop so much with the positive forecasts.