Nikkei 225 closes higher by 1.20% at 23,094.67
Tokyo's main index finally eclipses the 23,000 level again
- Session high 23,105.28
- Session low 22,965.48
And the elusive 23,000 is now broken again. After months of trying, the bulls can finally strike a win in the column. Asian equities in general are underpinned on the day as weak US inflation figures overnight helps to calm investor nerves that maybe there won't be a faster Fed tightening cycle. That along with a weaker dollar is helping boost the mood in emerging markets and Asian currencies in general.