日経平均、S&Pともに反転？ロシア停戦、インフレ抑制、債務上限回避によるリスクオンで金は一旦お休みか_2025/3/15相場雑感

ロシア・ウクライナ停戦合意間近、アメリカ債務上限回避、インフレも抑制できつつあり、備蓄米の流通も解禁でリスクオン相場か。円安回帰で日経平均、S&Pともに反転攻勢？過去最高のEPSを織り込む景気過度期の上場相場が訪れる予感、リスクオフの金買いは一旦休み？With a Russia-Ukraine ceasefire agreement near, the U.S. debt ceiling crisis averted, inflation coming under control, and the release of reserved rice stocks, it seems to be a risk-on market. A return to yen depreciation could lead to a rebound for both the Nikkei and the S&P. There’s a sense of an emerging bull market, pricing in record-high EPS during an economic boom phase. Gold buying as a risk-off hedge appears to be taking a pause for now.