๐ฅ Japan's Nikkei 225 index has hit all-time highs above 58,000, extending a strong rally after Prime Minister Sanae Takhaichi's decisive election victory. Investors are pricing in policy continuity and stimulus expectations.
๐ฅ The market surge is driven by optimism that the new government will boost spending, support investment, boost spending, support investment, and maintain business-friendly policies, strengthening confidence in corporate earnings and economic growth.
๐ฅ In response to the strong rally, the yen and Japanese government bonds (JGBs) have also shown notable movement, as currency and bond markets adjust to the political shift and macro expectations.
๐ฅ Investors are calling this the "Takhaichi trade" , a trend where markets rally on expectations of fiscal stimulus, tax relief, and pro-growth policies under Takhaichi's leadership.
โญ What happened in Nikkei 225 Index during this period
๐ฅ The Nikkei has broken historic resistance levels and is showing strong upward momentum, meeting buyers are confident and pushing prices higher.
๐ฅ Price action suggests an uptrend toward psychological levels like 60,000, as momentum indicators trend higher.
๐ฅ Pullbacks and dips may occur after sharp rallies โ support zones near recent breakout levels can act as entry points for traders looking for continuation.
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