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Nikkei 225 closes at record high for 4th day

Nikkei 225 closes at record high for 4th day

Nikkei 225 closed at an all-time high for the fourth consecutive trading day on Tuesday, marking another milestone for Japan’s stock market. The rally is being driven by expectations that the US Federal Reserve will cut interest rates this week, pushing both Wall Street and Tokyo stocks to record levels. The Tokyo benchmark briefly surpassed the 45,000 mark for the first time in history before ending the day at 44,902, up 0.3 percent from Friday’s close. Semiconductor-related shares led the surge, reflecting strong demand and global optimism around the tech sector. Monday was a national holiday in Japan, making Tuesday’s close the first of the week. Investors are closely watching the ongoing two-day US Federal Reserve policy meeting that concludes Wednesday. Markets largely expect a rate cut as concerns mount over the strength of the US economy, the world’s largest. Speculation about looser monetary policy has been a key driver behind the sustained rise of the Nikkei 225. The record-setting streak in Tokyo comes as Wall Street indices also hover near historic highs. Lower borrowing costs in the US could support global liquidity, benefiting export-heavy economies like Japan. As a result, analysts see potential for further gains in the Nikkei 225 if the Fed confirms a rate cut. Stay informed with the latest Forex trading news and analysis. Visit our website now at: https://fixiomarkets.com/en/prex-blogs

Nikkei 225 hit a record high for the fourth straight day, lifted by US rate cut speculation and strong semiconductor shares.

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David Wilson
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David Wilson has extensive experience in currency and commodities trading. He began his career in metal sales and trading at Societe Generale in London. He went on to work as a senior analyst within the FX industry where he developed and refined his own trading and risk management strategies. Having a solid understanding of market dynamics, he founded his own research and asset management services and works with FIXIO to provide timely market commentary on the global financial markets.

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