Nikkei May Open Lower on Middle East Tensions; Expected Range 57,000–58,000
Published: March 3, 2026
Economic Impact
The Dow Jones fell sharply while Chicago Nikkei futures ended below 58,000, signaling potential early weakness in Tokyo trading.
The Nikkei closed below its five-day moving average, suggesting short-term downside risk.
Market Response
Crude oil surged to multi-month highs amid Middle East tensions, raising inflation concerns. However, yen weakness and gains in U.S. tech stocks may provide partial support.
Technical and Fundamental Analysis
- Resistance: 59,000 / 59,500 / 60,000
- Support: 57,000 / 56,680 / 56,000
Key Takeaway for Investors
The Nikkei is expected to fluctuate within a 57,000–58,000 range as geopolitical risks and currency movements shape sentiment.

