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Just checked the markets this morning and Tokyo's having a solid day. The Nikkei jumped over 4 percent, breaking a losing streak after Wall Street wrapped up positive overnight. We're talking about 0.04 level movements across the board here.
The usual heavy hitters are leading the charge - SoftBank popped almost 8 percent, which always sets the tone. Tech stocks are flying, with Advantest and Tokyo Electron both up over 6 percent. The banking sector's catching bids too, Mizuho jumped nearly 9 percent. Even the automakers are cooperating with Toyota and Honda both in the green.
Exporters are doing their thing as expected. Sony, Mitsubishi Electric, Panasonic all moving higher. Some of the smaller caps are actually outperforming - Nippon Electric Glass soared 11 percent. Yen's holding around 156 against the dollar.
Meanwhile, US markets were pretty solid yesterday - Nasdaq led with a 1.3 percent pop, S&P and Dow both positive. Europe followed suit, DAX up 1.7 percent. Oil also surged past 75 a barrel. Looks like risk appetite is back on the menu for now.