Nikkei seen rallying 6% to key 30,000 level by mid-2023: Reuters poll

TOKYO, Nov 29 ( - Japan’s Nikkei 225 share average will rally to the psychological 30,000 level by the middle of next year for the first time since September 2021, according to analysts in a Reuters poll.

Investors see inflation peaking in the United States and elsewhere, which could cause governments to loosen monetary policy. Lower interest rates or higher economic growth would improve the outlook for Japanese corporate profits. ...continue reading