日經指數持續上漲 市場期待經濟刺激

日圓驟然走弱，導致日本股票連續攀升了兩個交易日，市場參與者們都期待著新一輪的財政刺激。

日本日經指數最近上漲了3%，週一當天便上漲了4%。日圓開始走弱，對日本出口的壓力有所減輕，股價便一路走紅。

日本股票呈現出積極的勢頭，是因為投資者對日本首相安倍晉三的執政聯盟充滿信心，執政聯盟的上議院席位在週日又有所增加。

安倍很有可能在近期引入新的財政刺激，從而改變近乎停滯的經濟狀況。這會給整個地區帶來了極大的風險，美國標普500指數曾在一夜之間突破最高點。任天堂遊戲公司剛剛開發了現實增強遊戲Pokémon Go，投資者對任天堂的股票仍有很大的興趣，公司股價在週二早間再度上漲5.2%，此前曾飆升了25%。

在其他亞太地區，澳大利亞標普200指數上漲0.9%，韓國綜合指數上漲0.1%，香港恒生指數上漲0.8%，而中國上證指數近來上漲了0.5%。

但是人們的視線仍然集中在日本，安倍內閣曾在週四承諾了刺激政策，而投資者們都在等待政策細節的發佈。越來越多的投機者正在等待前美聯儲主席本·伯南克同安倍的會面，他們會就央行的直接政府支出問題展開讨論。

就在上週，投資者們十分擔心英國退歐的後續影響，於是紛紛湧入日圓的避風港，將日圓對美元的匯率推至100。隨著對經濟刺激預期的增加，匯率跌至103.013。日圓走弱會大大刺激股票市場，但交易員們並不確定股市的增長能否持久。

萬達亞太地區高級交易員斯蒂芬·英尼斯表示：“政策的實施和未來的發展仍有很大的不確定性。我不知道這一勢頭能否扭轉美元/日圓的趨勢。英國退歐的問題還沒有解決，市場中仍有很大的風險。”

在其他的市場中，中國人民銀行在五年半之內引導人民幣走弱，人民幣兌美元的參考點達到了6.6950，是2010年10月以來的最高點。分析家們希望中國人民銀行再度採取寬鬆政策。

Nikkei keeps rolling on expectations of fresh stimulus

Stocks in Japan were on a roll for a second straight day on Tuesday due to a sharply weaker yen and continued hopes for fiscal stimulus.

Japan’s Nikkei Stock Average NIK, +2.97%  recently rose 3%, extending Monday’s 4% gain. Shares were advancing while the yen eased off its recent strength, which helped reduce worries that a persistently strong currency would make Japanese exports less competitive.

The positive momentum in Japanese equities came as investors gained confidence in Prime Minister Shinzo Abe’s ruling coalition, which on Sunday increased its control in the upper house of parliament.

Anticipation was also growing that Abe would soon introduce a fresh fiscal stimulus package to help the stagnant economy. That added to a larger risk appetite across the region after the S&P 500 SPX, +0.34%   hit a record high in the U.S. overnight.

Buying interest remained high for shares of videogame maker Nintendo Co.7974, +12.24%  , which has a minority stake in the augmented-reality gamePokémon Go. Nintendo added a further 5.2% early Tuesday in a sign of hope for its mobile games business, after soaring 25% the previous session.

In the rest of the Asia-Pacific region, Australia’s S&P/ASX 200 XJO, +0.77%  gained 0.9%, Korea’s Kospi SEU, +0.05%  rose 0.1% and Hong Kong’s Hang Seng IndexHSI, +0.50%   rose 0.8%. China’s Shanghai Composite Index SHCOMP, +0.00%  was recently up 0.5%.

But the main focus was in Japan, where investors waited for details from Abe’s pledge that his cabinet would start drawing up a stimulus package on Tuesday. Speculation was also growing that an expected meeting Tuesday between former U.S. Federal Reserve Chairman Ben Bernanke and Abe would include talks about a radical measure in which a central bank directly funds government spending.

As recently as last week, fears about repercussions from the U.K.’s vote to leave the European Union led investors to pile into the yen as a haven and pushed it close to breaching a level of 100 yen per U.S. dollar. But it recently weakened to 103.013 on the prospect of economic stimulus. A weaker yen typically buoys the stock market, but traders were unsure if the rally was sustainable.

 “There’s still a lot of uncertainty about policy and what’s going to happen,” said Stephen Innes, a senior trader at Oanda Asia Pacific. “I don’t know if this is enough to turn around the momentum on dollar/yen…Brexit is not out of the woods, and there’s still a lot of risk sentiment in the market.”

In other markets, China’s central bank guided the yuan to its weakest level in more than 5½ years. The yuan’s reference point was set at 6.6950 against the U.S. dollar, the highest level for the dollar since October 2010. Analysts are expecting the People’s Bank of China to ease policy again soon.

本文翻譯由兄弟財經提供

文章來源：http://www.marketwatch.com/story/nikkei-keeps-rolling-on-expectations-of-fresh-stimulus-2016-07-11