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Market Commentary - Foreign Markets

Japanese markets eked out modest gains

25-Mar-2025, 03:26
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.