Asian Market

The yen's weakness reflects economic fundamentals that intervention alone cannot overcome.

The SPX500’s strong 2026 rally has been fuelled by AI-driven earnings growth, but continued gains depend on whether elevated AI investment can keep justifying investor expectations.

Markets are being driven by the inflationary impact of elevated oil prices, with rising yields and a stronger dollar tightening financial conditions and pressuring gold.

JPN225 drops as strong GDP could embolden the BoJ to hike rates to combat energy-driven inflation, but economic resilience and renewed Middle East resolution hopes support the rally.

The pair posts a steep decline today, raising fresh intervention speculation after last week's reported action, but that may not be enough to provide lasting support for the yen.

Markets are cautiously rising on technical recovery and earnings optimism, but remain driven by geopolitical risk and oil-led inflation uncertainty.

A weak US labour report and a surge in oil prices toward $119 have revived fears that financial markets may be entering a stagflationary environment of slowing growth alongside persistent inflation.

Deflation risks linger as CPI cooled in January, underscoring weak consumption, but efforts to spur demand and contain price competition are starting to make a dent.

Japan’s Nikkei 225 hit record highs as a decisive election outcome lifted political uncertainty and boosted investor confidence. The rally reflects optimism about pro-growth policy direction and a broader re-pricing of risk across markets, not just technical momentum.

The pair extends its gains on Yen weakness from fiscal worries tied to the elections and a greenback recovery, but dowside risks linger.

The pair drops as markets anticipate FX intervention, after Japanese Prime Minister Takaichi vowed to act against speculative moves, while broader US dollar weakness adds pressure.