- Nikkei Hits Record High: Japan’s Nikkei 225 surged past 45,000 for the first time, driven by strong tech stocks and optimism around U.S. interest rate cuts E. Chipmakers like Sumco (+9.8%) and Disco Corp (+6.9%) led the rally.
- Yen Volatility Amid Leadership Uncertainty: The USD/JPY fluctuated sharply following Ishiba’s resignation and speculation around a Bank of Japan rate hike in October. Markets are also reacting to expected U.S. Federal Reserve moves .
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