Investors will await the release of the April period BI 7-DRRR which is projected to stay at its lowest level of 3.50%. Market participants will observe BI’s stance, as the central bank will only increase the BI 7-DRRR if a fundamental inflation, in which the main indicator is rising core inflation, happens. Meanwhile, NHKSI Research projects JCI to move in the range of 7,200 to 7,500 this week.
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