FX.co ★ Japanese Shares Fall Ahead of Busy Earnings Week

The Nikkei 225 declined by 0.5%, falling below the 41,300 mark on Monday. Similarly, the Topix Index experienced a slight drop of 0.15%, settling at 2,948. This marked the second day of losses as investors exercised caution ahead of a week filled with corporate earnings reports. Noteworthy companies scheduled to release their earnings this week include Advantest, Keyence, Tokyo Electron, Nintendo, ANA Holdings, and Japan Airlines. Market participants are also evaluating the ramifications of the recent US-Japan trade agreement on Japan's export-driven economy and its key industries. Furthermore, investors are shifting their focus to the upcoming trade discussions between the US and China, set to commence later today in Stockholm, with the anticipation of improving strained bilateral relations. Among the underperforming stocks were Advantest, which dropped by 7.6%, Tokyo Electron, which fell by 2.4%, Lasertec with a decline of 2%, Disco down by 1.2%, and Mitsubishi Heavy Industries, which slipped by 1%. The sluggish performance in the technology and industrial sectors contributed to the broader market's decline.