Japanese Stocks Climb at Open on Bullish AI Investment Outlook

MT Newswires Live08-27 11:01

Japanese equities opened higher today as optimism on tech investment rose following Nvidia Corp.'s bullish sales outlook.

The Nikkei 225 opened 513 points or 0.7% higher at 66,775.78.

Brent crude slipped to around $87 a barrel amid progressing talks in the Middle East against rising Russia-Ukraine tensions.

In other reports, BOJ Deputy Governor Ryozo Himino signalled willingness to raise interest rates as early as next month, offering no clear resistance to market bets on such a move.

Speaking to local business leaders in Saitama on Thursday, Himino warned that a sustained overshoot of the 2% inflation target would hurt the economy.

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