Tokyo Opens Lower as Oil Surges, Gold Slips and Asia Tracks a Risk-Off Tone
Executive summary: Tokyo and broader Asia-Pacific markets opened under pressure, with the Nikkei 225 down -1.7% and the ASX 200 off -2.1% as a sharp jump in WTI crude and weaker precious metals set a cautious tone. The Kospi was the standout gainer, rising +5.2%, while USD/JPY eased and Hang Seng futures pointed lower. The move matters because higher energy costs can squeeze margins, complicate inflation expectations and keep pressure on rate-sensitive assets. [Continue Reading]
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