🔥 $Nikkei 225 Index(N225.JP)$ surged over 1%, reaching a record high above 51,000 for the first time on Wednesday, driven by renewed optimism surrounding U.S.-Japan trade relations and anticipation of another Federal Reserve interest rate cut.
🇺🇸🇯🇵The rally followed the signing of a new rare earths framework on Tuesday by U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi.
🏦Investors also grew more confident that the Fed would implement a second consecutive 25 basis point rate cut to bolster slowing economic growth.
✳The Nikkei225 December futures index is up another 1.7% to 51,275 as of 1110AM, taking its month to date return to 12.5%. Trending Nikkei call warrant $NKY 50000MBeCW260313(TTBW.SI)$ (https://www.warrants.com.sg/tools/livematrix/TTBW) is up almost 12 times more with a 145.3% gain to $0.205 month to date
✴ Trending Nikkei225 put warrant $NKY 46000MBePW260313(RHJW.SI)$ (https://www.warrants.com.sg/tools/livematrix/RHJW) is down 51.8% to SGD 0.080. RHJW is seeing demand this morning from investors who believe the Nikkei225 may pull back from its current record level.
Comments