The Nikkei 225 has sharply corrected 6.6% from its record high of 52,664, sliding toward a key inflection zone at 49,370/48,450, a potential setup for a short-term bullish reversal. Despite the pullback, Japan’s economy remains resilient, with the Citigroup Economic Surprise Index rising to 16.8, signalling stronger-than-expected data. Technical indicators suggest the Nikkei 225 may soon rebound as momentum stabilizes near its 20-day moving average.
05-11-2025 05:43 GMT
by Kelvin Wong
