Japan’s Nikkei 225 set to hit another high as Asia markets look past geopolitical worries
Osanbashi in Yokohama on December 10, 2022.
Yuichi Yamazaki | Afp | Getty Images
of japan Nikkei 225 The index is expected to hit a new record on Wednesday, as broader gains are expected in Asian markets as the region leaves geopolitical concerns behind.
Japan’s index rose more than 3% to a record high on Tuesday on expectations that Prime Minister Sanae Takaichi may call early elections, possibly in February. This election, if called, will be the first time Takaichi will face voters in Japan in an election.
Nikkei 225 futures pointed to a stronger open; The futures contract in Chicago is at 54,045, while the futures contract in Osaka is at 53,960, compared to the previous close of 53,549.16.
japanese yen It also crossed 159 against the dollar, falling to its lowest level since July 2024, when Japanese authorities intervened to stop the decline in the yen.
Australia’s S&P/ASX 200 index rose 0.11%.
of hong kong Hang Seng index Futures were trading at 26,920, indicating a stronger open compared to HSI’s last close of 26,848.47.
