Japan’s Topix share index closed within a whisker of a record high and government bonds slumped after a long-awaited trade deal with the US spurred an explosive day for Tokyo’s financial markets.

Japan trade deal boosts Japanese equities and benefits Franklin FTSE Japan ETF, but faces issues with tariffs and market trends. Click for my FLJP update.

On July 22, Japan's stock market experienced significant volatility due to election uncertainties. The Nikkei 225 index rose over 1% but later fell by 0.60%, while the broader TOPIX index also declined by approximately 0.

Stock futures are higher Wednesday as investors welcome news that the U.S. reached a trade agreement with Japan and prepare for the release of quarterly results from major technology companies.

Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the U.S. announced a deal on President Donald Trump's tariffs.

Asia-Pacific markets traded mixed on Tuesday, despite overnight gains on the S&P 500 and Nasdaq, driven by optimism over strong corporate earnings. Investor caution intensified ahead of the August 1st U.

The downside risk to the USD/JPY exchange rate has become greater since Japan's election and traders should short the cross with a target of 142. That's according to a new note by a team of forex strategists at Nomura led by Yusuke Miyairi.

World markets are mixed after U.S. stock indexes hit new records. Oil prices fell and U.S. futures were little changed.