Nikkei Index may decline after a recent sharp rise

Glonghui, June 17 – Driven by hopes for a US-Iran peace agreement, the Japanese stock market, which recently surged to record highs, may experience a downturn. On the Asia 8 Exchange, Nikkei index futures fell by 0.6%, to 69,070 points. Investors are watching the details of the US-Iran deal and the price of crude oil. On Tuesday, the Nikkei index rose 0.1%, reaching a record high of 69,404.50 points.