Japanese stock market lower due to global trade concerns and new tariffs on imports

The Japanese stock market ended lower on Monday, with the Nikkei 225 falling 0.56% to 39,587.68. The global forecast is soft due to trade and tariff concerns, following mixed European markets and a decline in U.S. bourses. Financial, technology, and automobile stocks contributed to the Nikkei’s losses. President Trump’s announcement of new tariffs on imports from Japan, South Korea, Malaysia, and Kazakhstan added to selling pressure. Crude oil prices rose to $67.93 per barrel. Japan will release May current account figures and June bank lending data. Bank lending is expected to rise 2.3% year-on-year.

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