Tokyo Opens With Sharp Risk-Off Tone as Nikkei Slides, Kospi Extends Rout and Oil Retreats
Executive summary: Tokyo and broader Asia-Pacific markets opened under heavy pressure, led by a steep drop in Japan and an even larger selloff in South Korea. The Nikkei 225 fell -5.6% to 62,734.68, while the Kospi plunged -11.4% to 6,023.66. The move came alongside a sharp drop in WTI crude, down -11.0%, and weaker natural gas, while the Australian market held up with the ASX 200 up +1.4%. The yen weakened against the dollar, gold eased, and Hang Seng futures opened firmer, underscoring a mixed but clearly risk-sensitive regional tone. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 01:15 LONDON
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