Risk-on mood pushes the Nikkei 0.37% higher

Published: May 27 2023, 08:41 GMT+0

Risk-on mood pushes the Nikkei 0.37% higher

A quick look at yesterday: with a daily low of 30,864, Nikkei closed yesterday at 30,916, after ending Thursday at 30,800 and gaining 116.31 points (0.37%).

Meanwhile, Japan CFTC JPY speculative net positions released yesterday at 20:30 UTC with a figure of -80,700, while the previous figure was -64,800.

Other markets are also showing gains as Nasdaq goes up 2.19% yesterday and closed at 12,700. Notably, S&P 500 rose 1.3% yesterday and closed at 4,151.28.

At the same time, after ending yesterday's session at 19,100, Hang Seng lost 353.08 points and is trading around 18,747.

The index has been trending positively for about a month. The Nikkei hit a significant low of 15.42 around 8 months ago, but has since recovered 199,648%.