The Japanese government's budget may hit a record high, with Japanese stocks rising over 1%, leading the Asian stock markets
The Japanese government plans to launch a record budget, pushing Japanese stocks up more than 1%, with the Nikkei 225 index rising by 1.12% and the Topix index increasing by 1.11%. Meanwhile, South Korea's Kospi fell by 0.31%, and Singapore's Straits Times Index dropped by 0.18%. The Governor of the Bank of Japan stated that the Japanese economy is expected to be closer to the 2% inflation target by 2025. Market risk warning, investment should be cautious
On December 26, Asian stock markets were mixed. According to a draft reviewed by Reuters, the Japanese government will launch a record budget, leading to a significant rise in Japanese stocks. Markets in Australia, New Zealand, and others were closed for the Christmas holiday.
On Wednesday, Bank of Japan Governor Kazuo Ueda stated that Japan's economy in 2025 will be closer to sustainably achieving the 2% inflation target.
The Nikkei 225 index rose by 1.12%, and the Tokyo Stock Exchange index rose by 1.11%. The South Korean Kospi fell by 0.31%, and the FTSE Singapore Straits Index dropped by 0.18%.
The dollar rose slightly against the yen, currently at 157.33.
Spot gold rose, currently at $2,627.03 per ounce.
The Nikkei 225 index rose by 1.12%, and the Tokyo Stock Exchange index rose by 1.11%. The South Korean Kospi fell by 0.31%, and the FTSE Singapore Straits Index dropped by 0.18%.
The dollar rose slightly against the yen, currently at 157.33.
Spot gold rose, currently at $2,627.03 per ounce.
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