Nikkei soars 1,396 points on Japan-US trade deal; Wall Street optimistic for US-EU trade deal - Wed 23 Jul 2025
Nikkei 225 Summary
Nikkei soars 1,396 points on Japan-US trade deal; Wall Street optimistic for US-EU trade deal - Wed 23 Jul 2025
Automaker Toyota soars +14.34% on the announcement of a new Japan-US trade deal, reducing tariffs on imported cars from 25% to 15%.
MUFG jumps +4.88%, leading the banking sector higher on renewed optimism for the Japanese economy and probability of more rate hikes in 2025.
Meanwhile, Wall Street trends higher as investors grow increasingly optimistic about a EU-US trade deal before 1st Aug.
Nikkei225 41,171.32 (+1,396.40 +3.51%) 212 up 13 down 0 flat
JGB 10YR 1.594% (+0.091)
USD/JPY 146.46 (-0.17 -0.1159%)
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