来源：环球网

【环球网财经综合报道】摩根大通最新研报显示，中美关税政策的调整预计将减轻对日本企业盈利的负面影响，将影响范围从预期的-10.9%缩小至-6.4%至-4.2%。

（图片来源：东方IC）

摩根大通分析认为，日本股市近期强劲表现主要受三大因素驱动：美国经济数据的相对稳定、中美贸易协议的积极进展，以及日本半导体技术出口限制可能放宽的预期。这些因素共同提振了市场信心，推动日本股市连续上涨。

不过，该机构警告称，若美国维持高关税水平，日本企业盈利可能面临更大挑战。

此外，摩根大通认为全球股市将在夏季面临下行压力。美国经济放缓、美联储政策转向以及日本参议院选举等因素可能对市场构成风险。特别是，美国经济数据疲软可能导致需求下降，而美联储降息或日本央行加息预期可能引发日元升值，从而影响出口企业表现。

海量资讯、精准解读，尽在新浪财经APP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.