Nikkei 225 hits all-time high as US lowers auto tariffs
Japan's Nikkei 225 just broke above 45,000—hitting 45,055.38 on Tuesday and setting a new all-time high.
This jump comes as the US lowers auto tariffs on Japan and hopes rise for a US Fed rate cut.
The timing is interesting too, with big US-China trade talks set for September 19.
Asia's markets get a boost
A strong Nikkei signals global investors are feeling upbeat about Asia's economy.
Other Asian markets got a boost too—South Korea's Kospi and Australia's ASX200 both edged up, while Hong Kong looked set to open higher.
Much of this optimism follows positive vibes from recent US-China trade discussions.
Japanese companies are crushing it
It wasn't just policy news—Japanese companies are crushing it.
SoftBank jumped over 10%, benefiting from its AI investments and partnerships with Oracle and OpenAI, while Mitsubishi Heavy Industries is up by 70% and Fujikura has soared by over 115% this year.
Strong corporate results plus easing trade tensions are keeping Asia's markets on a roll right now.