FX.co ★ Japanese Shares Rise for Third Consecutive Session

The Nikkei 225 Index climbed 0.4% to exceed 38,200, while the broader Topix Index increased by 0.2% to reach 2,791 on Tuesday. This marks the third consecutive day of gains for Japanese stocks as investors anticipated further progress in the ongoing trade discussions between the United States and China. Trade officials from both nations convened in London on Monday, with talks set to resume on Tuesday morning. Additionally, the local stock market benefited from a weakened yen, which continued its downward trend due to diminished demand for safe-haven assets. A declining yen boosts the earnings potential of Japan's export-reliant industries and enhances the appeal of domestic investments to international investors. Among the top performers were Advantest and Sanrio, both advancing by 3.1%, along with Disco at 1.6%, Ispace soaring to 6.7%, and Metaplanet rising by 4.3%.