STOCKS | Japanese Yen and Topix Show Positive Correlation for First Time Since 2005

The Japanese yen and the Topix stock index have shown a positive correlation for the first time since 2005, suggesting a simultaneous rise in both. According to NS3.AI, over the past year, the yen has appreciated by 1% against the US dollar, while the Topix index has surged by 38%. Historically, this positive correlation has been observed during extended bull markets in countries such as Japan, Germany, and China.