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刚刚!暴跌900点,大跳水!
券商中国·2025-08-04 01:40

Market Overview - The Japanese stock market experienced a significant drop, with the Nikkei 225 index falling over 900 points and breaching the 40,000 mark, resulting in a decline of more than 2% [1][2] - The Japanese yen also saw a sharp decline against the US dollar, while the 5-year Japanese government bond yield decreased by 9 basis points to 0.99% [1] Banking Sector Impact - The banking sector faced a collective downturn, with the Tokyo Stock Exchange Bank Index dropping over 4% [1][2] - Notable declines in individual bank stocks included Mizuho Financial Group down nearly 5%, Mitsubishi UFJ Financial Group, Chiba Bank, and Fukuoka Financial all down over 4%, and Sumitomo Mitsui Financial down 3.90% [2] Economic Policy and Inflation - Japanese Prime Minister Shigeru Ishiba stated that the recently reached US-Japan trade agreement is a win-win, but executing the terms will be more challenging [3] - The Bank of Japan maintained its policy interest rate at 0.5% but raised its core CPI inflation forecast for fiscal years 2025 to 2027, indicating a recognition of strong inflation momentum [3] - The Bank of Japan's report projected a 2.7% increase in consumer prices excluding fresh food for 2025, up from a previous forecast of 2.2% [3] Interest Rate Outlook - There is growing speculation that the Bank of Japan may raise interest rates sooner than expected, with 42% of economists surveyed predicting a rate hike in October [5] - Approximately 60% of respondents believe the earliest possible rate increase could occur next month, reflecting a shift in sentiment towards a more imminent rate adjustment [6] Investment Strategy Adjustments - Norinchukin Bank's CEO announced a more cautious investment approach following a $12 billion loss in US Treasury investments, emphasizing the need to correct previous risk imbalances [7] - The bank plans to diversify its investment portfolio and reduce exposure to long-term Japanese government bonds, focusing on dynamic adjustments based on yield curves [7]