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Topix futures consensus estimates now project Topix
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Consensus estimates now project Topix futures reaching 2,500 within the month, contingent on macro data stability. The pattern mirrors the upward drift seen earlier in the year following strong GDP prints. President Donald Trump said he would be meeting with White House Budget Director Russell Vought "to determine which of the many Democrat Agencies, most of which are a political SCAM" are to be cut, and "whether or not those cuts will be temporary or permanent." Read More: Donald Trump says 'time to get rich' as Dow Jones crash sparks recession fears The upward bias in Topix futures is underpinned by rising steel and semiconductor output. This industrial strength is feeding into institutional buying strategies.