Tokyo Opens Mixed as Metals Surge, Hang Seng Jumps, and Kospi Slumps on Risk Repricing
Executive summary: Tokyo and broader Asia-Pacific markets opened with a sharp split in risk appetite. Hong Kong led gains, precious metals extended a powerful rally, and the Nikkei slipped after a strong prior session. The Kospi was the standout laggard, while the yen firmed modestly against the dollar and WTI crude eased. The move set points to a market still balancing growth concerns, rate expectations, and a renewed bid for hard assets. [Continue Reading]
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