Tokyo Opens Mixed as Silver and Oil Surge, Asia Tracks FX Pressure and Commodity Shock
Executive summary: Tokyo and broader Asia-Pacific markets opened with a mixed tone, as the Nikkei 225 slipped slightly while Hong Kong and Seoul advanced. The standout move was in commodities, where silver jumped more than 10% and WTI crude rose over 7%, reinforcing a risk backdrop shaped by higher energy costs, firmer gold, and a weaker yen. Currency moves also mattered, with USD/JPY edging higher and USD/CNY lower, while Australia’s ASX 200 lagged the region. [Continue Reading]
