The Nikkei 225 jumped 1.17% to close at 38,902 while the broader Topix index gained 1.19% to 2,711 on Monday (20/1), recovering losses from last week as investors prepared for Donald Trump's inauguration and braced for the impact of his potential policies. Domestic data revealed a surprise 3.4% month-on-month rise in Japanese machinery orders in November, defying market expectations for a 0.4% decline and marking the strongest growth in nine months. Looking ahead, the market is focused on the Bank of Japan's upcoming monetary policy decision, especially after hints from central bank...
European equity markets are set to open flat on Monday (1/20) as caution prevails ahead of Donald Trump's inauguration. Traders are focused on his promises to raise tariffs, tighten immigration, lower taxes and increase deregulation, which could have significant implications for major economies such as the EU. Investors are also looking ahead to the World Economic Forum in Davos, Switzerland, this week, where political and business leaders will meet to discuss key global issues. Meanwhile, there are no major economic or earnings releases scheduled in Europe today. In premarket trading, Euro...
The Hang Seng surged 342 points, or 1.8%, to close at 19,926 on Monday, rising for a fifth straight session and hitting its highest level since early 2025. The rally was driven by gains across sectors, boosted by news of a phone call between U.S. President-elect Trump and Chinese President Xi Jinping to discuss key issues. Elsewhere, Chinese Vice President Han Zheng's meetings with Elon Musk and other U.S. businesses highlighted Beijing's efforts to improve ties ahead of Trump's return to the White House. Meanwhile, TikTok resumed its U.S. operations on Sunday after Trump announced a...