Following a relentless rally that pushed the benchmark Nikkei 225 to fresh highs, the index experienced a pullback as market participants began to factor in the possibility of an overheated economy. Concerns over rapid inflationary pressures paired with potential monetary tightening by the Bank of Japan have introduced caution among investors. This sentiment shift has sparked profit-taking activities, particularly in technology and export-oriented stocks that had previously driven the surge.

Market analysts emphasize several key factors currently influencing trading dynamics:

  • Rising borrowing costs: Speculation on rising interest rates is dampening risk appetite.
  • Export demand fluctuations: Global supply chain uncertainties are casting doubts on sustained export growth.
  • Corporate…