Unemployment Rate: Japan's unemployment rate remained steady at 2.6% in October, slightly above market expectations of 2.5%, marking the highest level since July 2024.
Retail Sales Growth: Retail sales in Japan rose by 1.7% year-on-year in October, surpassing expectations and showing a significant increase from the previous month's revised growth of 0.2%.
Tokyo CPI Trends: The Tokyo Consumer Price Index (CPI) decreased to 2.70% in November from 2.80% in October, while core consumer prices in the Ku-area remained stable at a 2.8% year-on-year increase.
Market Insights: Discussions around Japanese large caps suggest potential underperformance if the yen strengthens, and there are notable movements in Asia's stock markets influenced by Wall Street's tech recovery and stimulus hopes in China.
Wall Street analysts forecast DXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast DXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 154.690
Low
Averages
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Current: 154.690
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
