Nikkei Futures Rise 1.9% on Hopes for AI Demand
Nikkei futures are up 1.9% at 64,570 on the SGX, while the dollar trades at 157.98 yen.
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Asia Morning Call: Nikkei rises 1.30%, US 10-year yield at 5.165%
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
Asia markets mixed as Japanese bond yields rise to historic levels
Global stocks were little changed, while Japanese government bond yields climbed to historic levels and US Treasury yields edged lower. Gold rose and Brent crude eased, with traders still pricing in further Federal Reserve rate hikes.
Asia shares up on tech, oil dips, dollar steady at 157 yen
Asian share markets edged higher on Monday, boosted by chipmakers, while oil prices eased slightly but remained above $100 a barrel. The dollar held steady against the yen at 157.00, with investors wary of potential intervention by the Bank of Japan.
Nikkei seen higher as U.S. economy strength signals boost
Japanese stocks may rise as hopes for AI-related demand continue and U.S. economic strength follows stronger-than-expected jobs data. Nikkei futures are up 1.5% at 65,940 on the SGX; dollar at 156.14 yen.