Nikkei 225 closes higher by 1.14% at 28,729.88

A reprieve for Japanese stocks today

Nikkei 25-03

BOJ governor Kuroda appears to be the voice of reason today and that helped to soothe some of the fears in Japanese stocks after a relatively tough week so far.

The rebound in Chinese equities amid reports of state buying is also helping the risk mood, with the Shanghai Composite paring early losses to keep closer to flat levels now. The index is down 0.1%, similarly for the Hang Seng ahead of the closing stages.

Elsewhere, dollar strength has also abated somewhat but it just looks like the market is taking a bit of a breather after the push in the past two days.

Source

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