Tokyo and Asia-Pacific close mixed as Nikkei slips, Hang Seng gains, and Korea’s Kospi suffers a historic rout
Executive summary: Asia-Pacific trading ended sharply mixed, with Japan’s Nikkei 225 and the Nikkei ETF lower, Hong Kong’s Hang Seng higher, Australia’s ASX 200 slightly weaker, and South Korea’s Kospi collapsing in a move that dwarfed the region’s other swings. Commodities were also active, with WTI crude higher, natural gas sharply lower, and precious metals mostly firmer. The session was shaped by a risk-off tone tied to geopolitical and inflation concerns, while FX moves were comparatively contained. [Continue Reading]
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