Nikkei 225 Index Reaches Record High Amid Optimism Over Japanese Prime Minister's Policies

The Nikkei 225 Index closed at a record high on Tuesday, driven by optimism surrounding Japanese Prime Minister Sanae Takaichi's policies. According to Jin10, this follows the index reaching a historic peak on Monday. In light of Sunday's House of Representatives election results, JPMorgan's global market strategy team released a report predicting that the Takaichi administration will have a long tenure and will expedite the implementation of 'Sanaenomics.' The report outlines 'Sanaenomics' as a strategy that balances interest and exchange rates while pursuing prudent yet proactive fiscal policies to boost corporate investment and accelerate corporate governance reforms.