The Japanese stock market slightly declined on Wednesday, with the Nikkei 225 finishing at 39,663.40. Financial and automobile shares were down, but technology stocks provided some support. The global forecast for Asian markets is cautiously optimistic due to easing inflation concerns. Wall Street closed higher, with the Dow rising 0.53 percent, NASDAQ hitting a record high, and the S&P 500 increasing by 0.32 percent. Crude oil prices dropped for the third day. Japan will release June import, export, and trade balance numbers today. Imports are expected to slip 1.6 percent, exports to rise by 0.5 percent, and a trade surplus of 353.9 billion yen is anticipated.

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