Nikkei 225 Hits New Highs on Tech Strength – Monday, 27 April

Snapshot: The Nikkei 225 is up 1.18% to 60537, driven by robust technology sector gains. Today’s catalyst was the BOJ announcements, which largely affirmed the status quo despite geopolitical risks.

  • Break above 60,897 signals further upside potential.
  • Watch for geopolitical headlines and potential risk-off flows pressuring tech, especially with elevated VIX at 19.31.

Bias into NY: We see continued upside for the Nikkei 225, targeting 61,000, as long as US futures hold current levels.