Logo-color Logo-white

Asian equities advanced today, led by the sharp rally in Japan where Nikkei hit record highs after political uncertainty finally cleared. The ruling Liberal Democratic Party struck a coalition agreement with the Japan Innovation Party, ensuring LDP leader Sanae Takaichi will become Japan’s first female prime minister. Investors cheered the prospect of a stable government […]

The post Nikkei Hits Record as Takaichi Secures Coalition to Become Japan’s First Female PM appeared first on Action Forex.

previous

Swiss Franc Rally Signals Deepening Market Unease

next

Markets Edge Higher as Shutdown Deal Hopes Lift Sentiment

Read More

Markets Tread Water as Traders Shrug Off US PPI and UK GDP Surprises
15/05/2025

Markets Tread Water as Traders Shrug Off US PPI and UK GDP Surprises

Global financial markets are trading in tight ranges today, with little conviction seen across major asset classes. U.S. futures are pointing to a mildly weaker open. Despite a surprise decline in US producer prices in April, suggesting a possible easing of inflation pressures, there was little follow-through in market reaction. Earlier today, stronger-than-expected UK Q1 […]
Risk-On Sentiment Drives Global Gains, Kiwi and Aussie Lead the Charge
27/09/2024

Risk-On Sentiment Drives Global Gains, Kiwi and Aussie Lead the Charge

Risk-on sentiment continues to dominate global financial markets today, driven by widespread monetary easing and a significant boost from China’s latest stimulus measures. US equities finished strong overnight, with all major indexes posting gains. S&P 500 hit a fresh record for the third consecutive time this week. Meanwhile, Germany’s DAX also surged to an all-time […]
Sterling Climb as Markets Dial Back BoE Rate Cut Expectations
25/05/2024

Sterling Climb as Markets Dial Back BoE Rate Cut Expectations

Last week, global financial markets were heavily influenced by evolving expectations surrounding central bank monetary easing paths and unexpected political developments. British Pound emerged as the most significant gainer, buoyed by fading expectations of an immediate BoE rate cut in June. This shift was precipitated by latest inflation data and compounded by the UK government’s […]