Tech Strength Lifts Asia Markets as BOJ Holds Rates
TL;DR
Asia’s stock markets rose on Friday led by tech names, with Japan’s Nikkei 225 edging higher after the BOJ kept rates at 0.75% and raised its inflation and growth forecasts for fiscal 2025–26, ahead of Governor Ueda’s remarks. Broadly, regional gains came as Wall Street recovered on AI optimism, though sentiment was tempered by Trump’s Greenland comments and other risk headlines; S&P 500 futures were modestly higher, while gold climbed to a fresh record. South Korea outperformed while India lagged in a week that was otherwise muted for many Asian markets.
- Asia stocks rise on tech strength; Nikkei steady after BOJ holds rates Investing.com
- Bank of Japan raises economic growth forecasts ahead of snap election, holds rates at 0.75% CNBC
- Yen volatile on rate check speculation, dollar set for sharp weekly drop Reuters
- Yen Gains Sharply Against Dollar After Earlier Drop on BOJ Bloomberg.com
- FX Daily Snapshot MUFG Research
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