Snapshot: The Nikkei 225 is trading at 59513, up 0.23% on the day. JGB yields are little changed with the 10-year holding at 2.502%, offering little directional impetus. Absence of fresh domestic macro catalysts leaves the index to track offshore sentiment.
- Watch 59707 as intraday resistance.
- A sharper pullback in US yields could weigh.
Bias into NY: Neutral. With domestic drivers muted, the Nikkei’s direction will likely hinge on the US open and the DXY’s reaction to US data; a sustained break above 59707 would suggest further upside, while a breach of 59264 would signal a potential reversal.