NIKKEI225 hits new all-time highs

Nikkei bulls will probably be celebrating this morning because the index hits a brand new all-time excessive, and is inside hanging distance of the 44000 mark.

There aren’t many particular catalysts to level to for the transfer this morning, however all the time price retaining the JPY in view when buying and selling the Nikkei. The correlation is not excellent, however we normally have an inverse correlation between the Nikkei and the JPY.

So, not too shocking to see the JPY because the weakest forex on the board whereas the Nikkei hits contemporary highs.

Let’s have a look at if Bessent tries to spoil the occasion with extra requires the BoJ to hike charges 🙂

This text was written by Arno V Venter at investinglive.com.