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]
More from 360LiveNews Opinion
Tokyo Opens Mixed as Nikkei Edges Lower, Asia Tracks a Sharp Split in Commodities and Risk Appetite
Executive summary: Tokyo opened with a modest pullback in the Nikkei 225, while broader Asia-Pacific sentiment was mixed to firmer, led by gains in Hong Kong and Australia. The session is being shaped by a sharp jump in natural gas, a slide in WTI crude, softer gold, and a stronger dollar against the yen, alongside a heavy selloff in Ether and a steep drop in South Korea’s Kospi. [Continue Reading]
