Risk-on mood pushes the Nikkei 0.37% higher

Published: May 27 2023, 09:15 GMT+0

Risk-on mood pushes the Nikkei 0.37% higher

Yesterday at a glance: the Nikkei went up to 30,916 yesterday, gaining 0.37%.

At the same time, 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.

The Nikkei shows positive signs, other assets are also on par: Nasdaq went up by 2.19% yesterday, and closed at 12,976. S&P 500 went up by 1.3% yesterday, and closed at 4,205.45.

Meanwhile, Hang Seng is down to 18,747, losing 353.08 points, after ending the previous session around 19,100.

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%.