Tokyo Opens Higher as Nikkei Extends Gains, Metals Surge and Australia Lags on Risk Repricing
Executive summary: Tokyo and broader Asia-Pacific markets opened with a mixed but clearly risk-sensitive tone. The Nikkei 225 and Hang Seng edged higher, South Korea’s Kospi outperformed, and the ASX 200 fell sharply. Commodities were the standout, with silver, WTI crude and platinum posting outsized gains, while gold slipped and ether weakened. The move points to a market that is still digesting hotter inflation, firmer yields and a stronger dollar, while also rotating toward energy and industrial metals. [Continue Reading]
