Particle.news
Download on the App Store
12 ARTICLES
·
1h ago

Yen Hits Two-Month Low as Nikkei Sets Record and Long JGB Yields Jump After Takaichi Win

A 30-year Japanese bond sale will test investor appetite for expected fiscal expansion.

A person stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Oct. 6, 2025, in Tokyo. (AP Photo/Eugene Hoshiko)
People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Oct. 6, 2025, in Tokyo. (AP Photo/Eugene Hoshiko)
Holograms are seen on the new Japanese 5,000 yen banknote displayed at a currency museum of the Bank of Japan in Tokyo, Japan July 3, 2024. REUTERS/Issei Kato/Pool
Image

Overview

  • Japan’s currency weakened past 150 per dollar to about 150.6, set a new all-time low versus the euro, and saw markets trim near-term Bank of Japan hike odds after Sanae Takaichi’s LDP victory.
  • The Nikkei 225 surged 4.8% Monday and advanced again Tuesday, while the 30-year JGB yield climbed to a record around 3.315% ahead of a high-stakes auction.
  • Gold notched fresh records near $3,977 per ounce and bitcoin hovered near its all-time high as investors sought havens during the U.S. government shutdown and European political stress.
  • French Prime Minister Sebastien Lecornu resigned shortly after naming a cabinet, pressuring the euro and Paris stocks, and President Emmanuel Macron gave him two days to outline a stability plan.
  • AI-fueled equity optimism persisted as AMD shares jumped about 24% on a multi-year chip deal with OpenAI, lifting semiconductors and helping the S&P 500 and Nasdaq to record closes.