Reported 28 days ago
Japanese stocks saw significant gains, with the Nikkei 225 Index rising over 3% as the yen's recent strength paused, benefiting exporters like tech firms and automakers. The market adjusted its expectations for U.S. interest rate cuts following surprising inflation statistics, leading to a rebound in chip-related stocks. With the relative strength index approaching oversold territory, the broader Topix Index also gained nearly 3%. Investors are closely watching comments from central bank officials that could influence future market trends.
Source: YAHOO