Nikkei Index Expected to Trade Within a Range Amid Ongoing Middle East Tensions
Deep News
Jul 03
Japanese equities are likely to see range-bound trading as uncertainty stemming from Middle East conflicts persists.
Nikkei 225 futures on the Singapore Exchange were flat at 68,675 points.
The US dollar was quoted at 161.31 yen, a decline from the 162.25 yen level at the close of Tokyo trading on Thursday, following the release of disappointing US employment data.
Market participants are monitoring any developments in US-Iran peace talks as well as movements in crude oil prices.
The Nikkei 225 index fell 2.5% on Thursday, closing at 68,733.15 points.
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