Asian stocks climbed to a record as a broad advance across risk assets took hold, with gains in tech stocks, Bitcoin and gold extending momentum from Friday’s rally on Wall Street. The MSCI Asia Pacific Index climbed as much as 2.2% to an all-time high, while the Nikkei 225 Index surged as much as 5.7% to a record following a historic election victory by Japan’s Prime Minister Sanae Takaichi. The Kospi Index — a poster child for AI investments — jumped 3.7%. That came after US gauges rose about 2% on Friday to recoup some of the week’s losses. The rally looks set to continue, with US and European equity-index futures gaining. As sentiment improved, Bitcoin recovered from its drop and Treasuries fell, with the yield on the 10-year benchmark rising two basis points to 4.22%. Gold and silver rose, though the precious metals were still well off their record highs. As US investors rotate away from richly valued technology stocks — the Dow Jones Industrial Average pushed above 50,000 on Friday — Asian markets may benefit from comparatively lower valuations and stronger growth prospects. Monday’s rally shapes the week ahead, with markets watching for signs participation can broaden as investors reassess valuations and the scale of AI investment. Meanwhile, the yen strengthened against the dollar after Takaichi’s victory, moving away from a zone seen as triggering intervention. Traders will be watching the level of 159.45 per dollar reached in mid-January, the yen’s weakest since 2024. Government bond yields in the country fluctuated. Elsewhere, the baht appreciated after Thailand’s ruling conservative party clinched a surprisingly solid election win. On Friday, a rally in stocks pushed the S&P 500 to almost breakeven for the week. Still, US equities face more selling this week from trend-following algorithmic funds, according to Goldman Sachs Group Inc.’s trading desk. The market narrative has shifted from confidence in synchronized growth and abundant liquidity to uncertainty driven by volatility, labor-market weakness and AI-driven disruption, wrote Bob Savage, head of markets macro strategy at BNY. With diversification under strain and financial conditions tightening, investors are forced to reassess risk, liquidity and policy assumptions, he wrote. In other political news, investors will be watching developments in the UK, where Keir Starmer’s future is in the balance. A crisis over the appointment of Peter Mandelson as ambassador to Washington has already claimed the UK prime minister’s closest aide. With markets attuned to the policy outlook, attention will focus on a busy US data calendar this week, highlighted by January payrolls on Wednesday and inflation figures two days later. The unusual clustering follows last month’s partial government shutdown, which delayed several key economic releases. Traders see less than a 20% chance that the Federal Reserve will reduce rates next month, after policymakers decided to hold the benchmark at a range of 3.5% to 3.75% in January. In commodities, Brent crude dipped 0.9% as tensions eased in the Middle East.
Nikkei +4.60% Hang Seng +1.70% CSI +1.51% Shanghai +1.28% Shenzen +1.77%
Eur$ 1.1844 CNH 6.9274 CNY 6.9318 JPY 156.45 GBP 1.3617 CHF 0.7742 RUB 77.0721 TRY 43.6223 WTI$ 62.84 -1.12% Gold 5,032 +1.37% BTC 70,800 +0.20% ETH 2,088 -0.25%
S&P +0.07% Nasdaq +0.07% EuroStoxx +0.43% FTSE +0.45% Dax +0.43% SMI +0.28%
Macro :
- Takaichi Triumphs With Japan’s Biggest Post-War Election Victory
- India Seeks to Tax Jane Street’s Profits, Economic Times Says
- India Seeks to Tax Jane Street’s Profits, Economic Times Says
- Anthropic to Close Over $20 Billion Funding as Soon as Next Week
- Big Tech Stock Performance Versus S&P 500 Hit Low: Deutsche Bank
- Perella Weinberg Sees Anxiety, Not Panic About Global Risks
- Hedge Funds Hit by Worst Day in Months Amid AI-Fueled Rotation
- Crypto Giant Tether Aided Turkey in Billion Dollar Crackdown
- Goldman Traders Say ‘Buckle Up’ for Choppy Stocks as Algos Sell
- Uranium Prices Hit Two-Year High, Long-Term Demand Intact: BMI
- Goldman Strategists See US IPO Volume Recovering This Year
- Deutsche Bank Strategists See Record Surge in Flows Outside Tech
Keep an eye on :
Keep an eye on :
- AD NA : Ahold Delhaize Starts Arbitration Over Serbia Regulations
- AAPL US : Apple Plans to Allow Outside Voice-Controlled Chatbots in Cars
- APO US : Apollo AUM Grows Most Since 2021, Driving Fee Gains: Preview >
- BAKKA NO : Bakkafrost 4Q Operating Ebit Misses Estimates
- BAO Holding IPO : BAO Holding Files to Offer 3.75m Class A Shares in Its US IPO
- BSLN SW : Basilea Gets $5m Milestone Payment on Cresemba Sales
- BILL US : H&F Said In Talks for Buyout of Payments Firm Bill Holdings
- BWLPG NO : BW LPG Gets Three-Year Time Charter-Out Contracts for Two VLGCs
- CVC NA : The CVC conundrum: fund investors love it, public markets don’t - FT
- CVC NA : DSM Inks Deal to Sell Animal Health Business to CVC Capital
- DIS US : FCC Probing ABC’s ‘The View’ Over Equal Time Rule: Fox News
- DKNG US : DraftKings Expands Prediction Markets Through Crypto.com Pact
- DSFIR NA : DSM-Firmenich to Sell Animal Health Unit to CVC in ~€2.2b Deal
- DSFIR NA : DSM-Firmenich to Kick Off EUR500 Million Share Repurchase Program
- LLY US : FDA Taking Action to Combat Copycat Weight Loss Drugs
- EQT US : EQT Life Sciences-Backed AgomAb Falls 8% After $200 Million IPO
- FLTR LN : Gambling Stocks Sag as Prediction Markets Steal Super Bowl Bets
- GE US : General Electric Aerospace Raises Dividend, Above Projection
- GLEN LN : Orion Minerals Signs $250M Prepayment Facility With Glencore
- GM US : Why General Motors is making a ‘risky’ bet on an unproven battery technology - FT
- GOOGL US : Waymo Says Genie 3 Simulations Can Help Boost Robotaxi Rollout
- HIMS US : Hims & Hers Health Stops Offering Knockoff Wegovy Pill Amid FDA Crackdown
- ILMN US : Illumina Falls After Results, Focus Shifts to New Roche Tech
- INPST NA : Advent, FedEx-Led Consortium to Buy InPost at €15.60 per Share
- INTC US : Vista Equity Partners Leads SambaNova $350m Series E: Rtrs
- JNJ US : Johnson & Johnson Reports 90% Success Rate in OMNY-AF Study
- JNJ US : Johnson & Johnson Reports 90% Success Rate in OMNY-AF Study
- KAR SS : Karnov Group: Acquisitions of own ordinary shares of series A in Karnov Group
- LHA GY : Lufthansa CEO Expects ‘Positive’ News on 787 Certification: HB
- LUMN US : Lumen Technologies Climbs After CEO Buys Near $500,000 of Shares
- BMPS IM : Italy to Sell Monte Paschi Stake When Profitable: Radiocor
- NWG LN : NatWest Nears £2.5 Billion Deal for Evelyn Partners, Sky Reports
- NFLX US : Justice Department Casts Wide Net on Netflix's Business Practices in Merger Probe -- WSJ
- NXST US : Trump Backs Television Broadcaster Nexstar’s Bid for Tegna
- NOVOB DC : FDA to Restrict Copycat Weight Loss Drugs Sold by Pharma Rivals
- NOVOB DC : Novo Nordisk faces more gloom from price cuts in crowded anti-obesity drugs market - FT
- NVDA US : Nvidia Shares Surge on Big Tech’s $650 Billion AI-Spending Plan
- ROG SW : Illumina Falls After Results, Focus Shifts to New Roche Tech
- RYA ID : Ryanair Will Operate Full Summer Schedule at Charleroi Airport
- SAN FP : Sanofi’s Rilzabrutinib Designated as Breakthrough Therapy in US
- STMPA FP : STMicro Expands AWS Partnership With Multi-Billion USD Agreement
- SWON SW : SoftwareONE Prelim FY Revenue CHF1.24B
- Solv Energy IPO : Solv Energy IPO Is Said to Be Multiple Times Oversubscribed
- Space X IPO : NASA SpaceX Crew-12 Mission Has Been Cleared for Launch
- Space X IPO : NASA SpaceX Crew-12 Mission Has Been Cleared for Launch
- SGP US : Eye Care Firm SpyGlass Pharma Soars 65% In Trading Debut, SpyGlass Said to Allocate 90% of IPO Shares to 10 Investors
- STLA US : Stellantis Rout Nears €70 Billion After Surprise Writedowns
- TLGO SM : Talgo Gets Contract for 20 High-Speed Trains in Saudi Arabia
- TGNA US : Trump Backs Television Broadcaster Nexstar’s Bid for Tegna
- TSLA US : Tesla Meme-Stock Status Threatened by SpaceX IPO, Barclays Says
- UCG IM : UniCredit 4Q Net Beats; To Distribute About €50b in Next 5 Yrs
- VOD LN : Vodacom Secures Spectrum in 1,800 mHz Band in Egypt
- WPP LN : WPP Prepares to Overhaul Creative Agency Structure, FT Reports
- YCA LN : Uranium Prices Hit Two-Year High, Long-Term Demand Intact: BMI