Japanese Stocks Open Higher on Snap Election Hopes

MT Newswires Live01-14

Japanese equities rallied on Wednesday as investor anticipation grew over a potential snap election, being considered by Prime Minister Sanae Takaichi.

The Nikkei 225 rose 278.1 points or 0.5% to open at 53,827.24.

The gains occurred despite a slide in U.S. markets, with local investors largely ignoring inflation data that reinforced expectations for a U.S. Fed pause on rate hikes.

Meanwhile, major U.S. banks are scheduled to release their earnings later in the week.

Traders also remained watchful on an impending U.S. Supreme Court ruling on White House tariffs.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment