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Nikkei Soars 3.4% as Political Confidence Grows

10/20/2025

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Story summary
  • The Nikkei 225 reached 49,185.50, up 3.4%, as the Liberal Democratic Party nears a coalition deal with the Japan Innovation Party.
  • Analysts expect Sanae Takaichi to become prime minister, boosting confidence.
  • Takaichi plans to increase government spending in defense and technology.
  • Easing US-China trade tensions boosts sentiment after President Trump says tariffs on Chinese imports are unsustainable.
  • Tesla and Ford will report this week, with earnings growth seen at 11%.