Market Commentary - Foreign Markets

25-Mar-2025      15:26

Japanese markets eked out modest gains

Japanese markets eked out modest gains amid optimism that the U.S. reciprocal tariffs will be narrower than feared.

The Nikkei average rose 0.46 percent to 37,780.54, snapping a three-day losing streak. The broader Topix index settled 0.24 percent higher at 2,797.52.

The yen weakened against other major currencies even as minutes from BoJ's January 23-24 meeting revealed a growing consensus among policymakers that further tightening would be appropriate.

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