The Nikkei Approaches 59,000 as Japan’s Rally Matures and Early Signs of the Iran Risk Emerge
Japan’s Nikkei 225 closed at 58,850 on Friday, February 27, marking what would prove to be the index’s all-time high before external events intervened. The broader TOPIX also reached record levels, supported by a yen that remained near 158 against the dollar and by corporate earnings expectations that continue to improve. BOJ board member Hajime…
