$ETH
Nikkei 225 surges 2.5%
Three-month high
Is Japan’s stock market partying again?
Damn
Folks,
The Nikkei 225 surged past 70,000 intraday
At one point, it was up more than 2.5%
It ultimately closed up 2.4%
Its highest level in three months
What’s even more interesting
Is that AI and semiconductors led the charge again
Chip stocks like Tokyo Electron, Advantest, and Renesas Electronics all climbed
Renesas was up more than 8% at one point
Put simply,
AI chip stocks had a blast on Wall Street Friday
And Japan picked right up where they left off on Monday
Why the rally?
It mainly comes down to last week’s weaker-than-expected U.S. jobs report
The market is betting that the odds of a Fed rate hike have fallen
And investors are starting to feel bold enough to take on riskier assets
As a key Asia-Pacific market barometer,
Japan’s stock market was among the first to rally
That optimism can spread across markets
But folks,
There’s another aspect of this Japanese stock rally worth thinking about
Stocks are celebrating,
But Japanese government bonds are looking a little nervous
Japan’s 30-year bond yield briefly climbed to around 4.23% today
A record high
Now that’s pretty wild
Stock investors think money in Japan is too cheap,
But bond investors are starting to worry that the Japanese government is spending too much
And with the yen weakening at one point,
AI, exports, and profit expectations for big companies all poured fuel on the Japanese stock rally
So what we need to watch now is this:
Stocks keep climbing,
But will the bond market be the first to buckle?
For those of us in crypto,
This is good news
It signals rising global risk appetite
Generally speaking,
Stocks, gold, and crypto tend to move in sync
So strength in Japanese stocks could lead some investors to turn their attention to crypto
But don’t get blindly optimistic
Japanese bonds and the Fed
Neither one is a pushover
#日经225涨2.5%创三月新高
Nikkei 225 surges 2.5%
Three-month high
Is Japan’s stock market partying again?
Damn
Folks,
The Nikkei 225 surged past 70,000 intraday
At one point, it was up more than 2.5%
It ultimately closed up 2.4%
Its highest level in three months
What’s even more interesting
Is that AI and semiconductors led the charge again
Chip stocks like Tokyo Electron, Advantest, and Renesas Electronics all climbed
Renesas was up more than 8% at one point
Put simply,
AI chip stocks had a blast on Wall Street Friday
And Japan picked right up where they left off on Monday
Why the rally?
It mainly comes down to last week’s weaker-than-expected U.S. jobs report
The market is betting that the odds of a Fed rate hike have fallen
And investors are starting to feel bold enough to take on riskier assets
As a key Asia-Pacific market barometer,
Japan’s stock market was among the first to rally
That optimism can spread across markets
But folks,
There’s another aspect of this Japanese stock rally worth thinking about
Stocks are celebrating,
But Japanese government bonds are looking a little nervous
Japan’s 30-year bond yield briefly climbed to around 4.23% today
A record high
Now that’s pretty wild
Stock investors think money in Japan is too cheap,
But bond investors are starting to worry that the Japanese government is spending too much
And with the yen weakening at one point,
AI, exports, and profit expectations for big companies all poured fuel on the Japanese stock rally
So what we need to watch now is this:
Stocks keep climbing,
But will the bond market be the first to buckle?
For those of us in crypto,
This is good news
It signals rising global risk appetite
Generally speaking,
Stocks, gold, and crypto tend to move in sync
So strength in Japanese stocks could lead some investors to turn their attention to crypto
But don’t get blindly optimistic
Japanese bonds and the Fed
Neither one is a pushover
#日经225涨2.5%创三月新高