Nikkei

Escalating trade risks are compounding technical weakness, leaving little relief in sight for Asian equity bulls.

Nikkei futures are on track for their most volatile day since August, which will please the large speculators that ramped up their short bets three weeks ago. Bur for a less bearish atmosphere in APAC, the China A50 has caught my eye for a potential long.

Bearish momentum intensified for USD/JPY on Wednesday thanks to a softer core CPI print, and there could be further losses to come looking at price action. And that could pave the way for a cheeky bounce on the Nikkei.

USD/JPY breaks higher as surging US yields keep the yen under pressure. Nikkei 225 traders are taking note, pushing futures towards the top of the recent range before the Fed and BoJ rate decisions – is a bullish breakout on the menu?

USD/JPY and Nikkei 225 futures are surging in Asia, benefitting from a market recalibration of how much the Federal Reserve is likely to cut interest rates next year. The weaker yen is helping to boost sentiment surrounding Japanese exporter earnings, seeing Japan’s benchmark equity index knocking on the door or key resistance.

Nikkei futures look like a market where bulls and bears are waging war, all while the price continues to coil up within a symmetrical triangle, waiting for a potential explosive break.

The rebound on Wall Street indices on Wednesday gave an extra spring in the step for APAC equities today. But can the Hang Seng and Nikkei extend their own rallies from here?

ASX 200 futures rose to a record high on Monday night, which could see the ASX 200 cash market gap higher and run for its own record high today. We're also looking at a potential bullish reversal on the Nikkei's 4-hour chart.

Wall Street indices snapped a 4-day losing streak on Monday and the US dollar recovered from its cycle lows, which could bode well for USD?JPY and the Nikkei 225.

USD/JPY and Nikkei 225 have reclaimed important levels, benefitting from mounting evidence that fears over a looming US recession may have been premature. With the onus now on the data to prove the US economy is entering recession rather than isn’t, and with no major data out next week, you get the sense recent bullish moves may extend in the days ahead.

They may be poles apart geographically and their composition, but these two momentum-driven markets have morphed into avid US economic watches over the past month. That means if you want to get clues on directional risks next week beyond price signals, you better pay attention to the US economic calendar.