Japanese stocks rise in tandem with the rest of Asia
- Session high 22,308.42
- Session low 21,751.33
The Nikkei has recovered well following yesterday's blip and a lot of it can be attributed to sentiment right now. Wall Street - or at least the S&P 500 index - posted its third consecutive daily gain and renewed hopes of a US-China trade resolution is providing the right panacea for Asian equities to recover following a dismal October.
The sentiment as we head into European trading remains relatively risk-on and is helping to provide a boost to yen pairs so far as they trade near the highs. EUR/JPY is at 129.07 and GBP/JPY is at 146.95 currently. USD/JPY has moved back below 113.00 as the dollar continues its struggles ahead of European trading.
