The Japanese and South Korean stock markets opened sharply lower, while safe-haven assets such as gold and the yen rose

Wallstreetcn
2025.04.03 00:06
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The Japanese and South Korean stock markets opened sharply lower, with the Nikkei 225 index opening down 1.9% and the South Korea Composite Stock Price Index opening down 2.7%. In terms of safe-haven assets, the Japanese yen surged 1% against the US dollar, and spot gold prices broke through $3,160, reaching a new high. At the same time, the yield on Japan's 10-year government bonds recorded the largest decline since August 2024, while the yield on 5-year US government bonds fell by 10 basis points, indicating an increase in investors' demand for safe-haven assets