Image: NoteJapan Market Report July 31, 2026|宮野宏樹
• On July 31, 2026, the Japanese stock market rose sharply following a surge in the yen, which briefly hit the 157 range after plunging approximately 5 yen on July 30. • The currency volatility sparked widespread speculation that Japanese currency authorities had intervened in the market to stabilize the yen. • Analyst Hiroki Miyano warns that investing in Nikkei 225-linked ETFs primarily tracks the global AI cycle and semiconductor companies rather than the broader Japanese economy.
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