Japan's Nikkei crosses 50,000 as Asian markets rally

#EC 68 sources. Published 2h ago

Japan's Nikkei 225 surged 1.81% to close at 50,402 on Monday, breaking the 50,000-point threshold for the first time, as a weakening yen following the Bank of Japan's rate hike to 0.75% boosted export prospects.

• Asian markets extended a global rally on Tuesday with MSCI Inc.'s › 0.23% Asia-Pacific gauge rising 0.3%, tracking Wall Street's momentum where Tesla

› 0.19% and Nvidia ^ 0.15% led the S&P 500 to erase December losses and target an eighth straight monthly gain.

Gold hit a record high of $4,519.50 per ounce while silver reached $70, reflecting year-end optimism and expectations of two Federal Reserve rate cuts in 2026, according to market pricing.