Overview

• President Trump’s announcement of 30% tariffs on the EU and Mexico from August 1 continues to cloud trade outlooks.
• The yen weakened into the upper ¥147-per-dollar range on July 15 as U.S.-Japan interest rate differentials widened.
• Export-driven and semiconductor stocks attracted buying interest, lifting the Yomiuri 333 index by 5.56 yen to 36,428.51.
• The Nikkei 225 rose by 218.40 yen to 39,678.02, marking its first gain in four trading sessions.
• Investors warn that without resolution of U.S. tariff negotiations, global market sentiment could remain volatile.