Nikkei 225 Extends Gains to 3%

A 3% single-day move in the Nikkei is large enough to matter beyond Tokyo, since Japanese equities have become a meaningful allocation for global and crypto-native portfolios alike, and broad-based strength without an identified catalyst suggests positioning or sentiment rather than a discrete event. The absence of a stated driver is itself the notable detail: rallies that lack a clear explanation are harder to attribute and harder to sustain. Whether the move holds into the next session, and whether a catalyst emerges to explain it, is the open question.