Tokyo and Asia-Pacific close sharply mixed as Japan and Korea sell off, Hong Kong and Australia rally
Executive summary: Asia-Pacific trading ended with a stark split, as Japan and South Korea suffered heavy losses while Hong Kong and Australia advanced. The Nikkei 225 -7.5% and Kospi -16.7% led the regional decline, while the Hang Seng rose +3.3% and the ASX 200 gained +2.4%. The move came alongside a weaker WTI crude price, softer gold, a firmer dollar against the yen, and broad pressure on autos and risk-sensitive assets. [Continue Reading]
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Tokyo and Asia-Pacific close mixed as Nikkei retreats, Kospi jumps, Ether extends crypto rally
Executive summary: Tokyo and broader Asia-Pacific trading ended mixed, with Japan’s Nikkei 225 and its ETF proxy lower, while South Korea’s Kospi and Australia’s ASX 200 advanced. Ether outperformed across the supplied cross-asset set, crude oil and natural gas fell, and USD/JPY pushed higher, reinforcing a market backdrop shaped by softer energy prices, a firmer dollar-yen pair, and selective risk appetite in regional equities. [Continue Reading]

