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Nikkei 225 closes higher by 1.01% at 30,216.75

Sumary of Nikkei 225 closes higher by 1.01% at 30,216.75:

  • A positive day for Asian equities, tracking US gains overnight Risk sentiment is holding up ahead of European trading, with Asian stocks exuding a further sense of optimism after the more dovish Fed yesterday…
  • That said, the Nikkei has more or less halved its gains from earlier after a report suggesting the BOJ will expand its JGB yields target band from 0.20% to 0.25%…
  • Elsewhere, S&P 500 futures and Nasdaq futures are flat while Dow futures are up 0.2%, all having trimmed earlier gains as the market weighs up the potential for further steepening in Treasury yields post-Fed…….

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