日本10年期政府债券收益率保持在0.7%以下，徘徊在约三个月来的最低水平附近，并追随美国债券收益率最近的疲软，因为美国决策者的鸽派言论强化了人们对美联储已经完成加息并可能在明年开始宽松的押注。在国内，日本银行董事会成员野口朝日周末表示，由于最近成本推动的通货膨胀上升，日本尚未实现由工资上涨推动的物价增长。他表示，现在考虑退出超宽松货币政策还为时过早，这反映了日本央行其他官员的类似观点。投资者现在展望本周东京的通胀数据，该数据被认为是全国物价趋势的领先指标。日本央行在10月的政策会议上重申了其对宽松货币政策的承诺，并仅对收益率曲线控制进行了小幅调整。

Japan’s 10-year government bond yield held below 0.7%, hovering near its lowest levels in about three months and tracking recent weakness in US bond yields as dovish remarks from US policymakers reinforced bets that the Federal Reserve is done raising interest rates and could start easing next year. Domestically, Bank of Japan board member Asahi Noguchi said over the weekend that Japan has yet to achieve price growth driven by higher wages with the recent cost-push driven rise in inflation. He suggested that it was premature to consider exiting ultra-loose monetary policy, reflecting similar views from other BOJ officials. Investors now look ahead to Tokyo inflation data this week, which is considered as a leading indicator of nationwide price trends. The BOJ reaffirmed its commitment to accommodative monetary policies during its October policy meeting and made only minor adjustments to yield curve controls.

在东京，日经225指数周一下跌298点，跌幅为0.89%。铃木汽车（-3.70%）、万代南科控股（-3.64%）和电装（-3.60%）领跌。涨幅最大的是瑞信（3.82%）、趋势科技（3.76%）和川崎基森（3.27%）。

In Tokyo, the Nikkei 225 Index decreased 298 points or 0.89 percent on Monday. Losses were driven by Suzuki Motor (-3.70%), Bandai Namco Holdings (-3.64%) and Denso (-3.60%). Biggest rises came from Credit Saison (3.82%), Trend Micro (3.76%) and Kawasaki Kisen (3.27%).

日元兑美元升值超过147，徘徊在12周来的最高水平，人们越来越期待美联储结束当前的货币紧缩周期，并可能在明年开始降息。与此同时，日本银行董事会成员野口朝日周末表示，由于最近成本推动的通货膨胀上升，日本尚未实现由工资上涨推动的物价增长。他表示，现在考虑退出超宽松货币政策还为时过早，这反映了日本央行其他官员的类似观点。投资者现在展望本周东京的通胀数据，该数据被认为是全国物价趋势的领先指标。日本央行在10月的政策会议上重申了其对宽松货币政策的承诺，只对收益率曲线控制进行了小幅调整。

The Japanese yen appreciated past 147 per dollar, hovering at its highest levels in 12 weeks amid growing expectations that the US Federal Reserve is done with its current monetary tightening cycle and will likely start cutting interest rates next year. Meanwhile, Bank of Japan board member Asahi Noguchi said over the weekend that Japan has yet to achieve price growth driven by higher wages with the recent cost-push driven rise in inflation. He suggested that it was premature to consider exiting ultra-loose monetary policy, reflecting similar views from other BOJ officials. Investors now look ahead to Tokyo inflation data this week, which is considered as a leading indicator of nationwide price trends. The BOJ reaffirmed its commitment to accommodative monetary policies during its October policy meeting and only made minor adjustments to yield curve controls.

周一，日经225指数下跌0.6%，至33230点左右，东证指数下跌1%，至2359点，创下近三周来的最低水平，几乎所有板块都参与了下跌。日元上涨也打压了国内股市，因为这降低了日本出口重工业的竞争力，并使日本资产对外国投资者来说更加昂贵。与此同时，市场展望周二的东京通胀数据，该数据被认为是全国物价趋势的领先指标。指数权重股跌幅显著，如丰田汽车（-2.1%）、三菱日联汽车（-1.5%）、索尼集团（-1.6%）、研华汽车（-16%）和本田汽车（-2.5%）。

The Nikkei 225 Index fell 0.6% to around 33,230 while the broader Topix Index dropped 1% to 2,359 on Monday, hitting their lowest levels in almost three weeks, with nearly all sectors participating in the decline. A rallying yen also weighed on domestic equities as it renders Japan’s export-heavy industries less competitive and makes Japanese assets more expensive for foreign investors. Meanwhile, markets look ahead to Tokyo inflation data on Tuesday, which is considered as a leading indicator of nationwide price trends. Notable losses were seen from index heavyweights such as Toyota Motor (-2.1%), Mitsubishi UFJ (-1.5%), Sony Group (-1.6%), Advantest (-1.6%) and Honda Motor (-2.5%).