Tokyo Opens With a Risk-On Surge as Nikkei Breaks Higher, Gold and Silver Extend Their Slide
Executive summary: Tokyo and broader Asia-Pacific markets opened with a sharp split in risk appetite, led by a powerful rally in Japanese equities and a steep selloff in precious metals. The Nikkei 225 rose +4.9% to 61,658.25, while the Nikkei 225 ETF gained +5.1%. South Korea’s Kospi jumped +8.2%, but Hong Kong’s Hang Seng fell -3.2%. Gold dropped -5.4% and silver lost -4.7%, while WTI crude climbed +1.9% and USD/JPY moved above 159.8, underscoring a session defined by stronger dollar dynamics, firmer energy, and a rotation away from defensive metals. [Continue Reading]
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Tokyo Surges as Nikkei Breaks Above 60,000, Dollar Strength and Gold Selloff Shape Asia-Pacific Close
Executive summary: Tokyo led Asia-Pacific trading with a powerful rally, as the Nikkei 225 jumped +5.9% to a record close above 60,000. The move came alongside a firmer U.S. dollar, a weaker gold price, and mixed regional equity performance, with Hong Kong and Seoul lower while Australia advanced. The session also highlighted a sharp rotation in commodities, with gold and silver under pressure and WTI crude little changed. [Continue Reading]
Tokyo closes higher as Nikkei edges up, Asia-Pacific splits on risk-off pressure in Korea and crypto
Executive summary: Tokyo ended modestly higher, with the Nikkei 225 up +0.3% and the Nikkei 225 ETF also in the green. Broader Asia-Pacific trading was mixed, as Australia and Hong Kong advanced while South Korea sold off sharply. The session also featured a strong jump in natural gas, firmer precious metals, a drop in WTI crude, and a steep slide in Ether, all pointing to a market still balancing inflation concerns, rate expectations, and commodity-specific shocks. [Continue Reading]