Among the main moves in markets, S&P 500 futures were little changed as at 1.02 pm Tokyo time. Japan\u2019s Topix rose 1 per cent, Australia\u2019s S&P\/ASX 200 rose 0.5 per cent, Hong Kong\u2019s Hang Seng was little changed and the Shanghai Composite rose 0.4 per cent.<\/p>\n
Futures indicated a tepid open in Europe, while contracts for the Nasdaq 100 Index edged up 0.2 per cent.<\/p>\n
Attention in Asia was on the yen, which gained for a second session, strengthening to as much as 157.63 per US dollar. The currency\u2019s spike left traders guessing about possible intervention by authorities.<\/p>\n
Elsewhere in Japan, an auction of 30-year government bonds drew strong demand. The 30-year yield earlier fell 10 basis points to 4.065 per cent.<\/p>\n
Adding to the positive tone, Brent halted a three-day rally, trading a touch lower<\/a> at around US$95.40 a barrel. Oil slipped after Trump said renewed attacks on Iran would likely be short-lived<\/a> and reiterated his claim that the US controls the Strait of Hormuz.<\/p>\n The pullback in crude eased pressure on Treasuries, which held gains from the previous session.<\/p>\n The brighter tone followed a cautious start to September, when global bond yields surged as renewed fighting in Iran drove oil higher, fuelling inflation concerns and bets on a US Federal Reserve interest rate hike in September.<\/p>\n SEE ALSO<\/p>\n With earnings season largely over, attention is shifting to Friday\u2019s US jobs report for clues on the US economy and the policy outlook.<\/p>\n \u201cThe Asian equity markets are posting a moderate recovery from yesterday\u2019s sell-off, supported by the rebound in semiconductor, AI-related stocks given positive guidance from US tech companies overnight,\u201d said Jason Lui, head of Apac equity derivatives strategy at BNP Paribas.<\/p>\n In other corners of the market, natural gas futures in Europe gained for a fourth day to head for the highest close since early 2023. Base metals prices also advanced, with copper in London trading less than US$300 a tonne below the record set in January.<\/p>\n A Bloomberg gauge of the US dollar slipped 0.2 per cent for a second day. Gold rose 1.2 per cent to about US$4,430 an ounce. The Treasury 10-year yield was little changed at 4.77 per cent after tensions in the Middle East sparked a sell-off in global bonds earlier this week.\u00a0<\/p>\n \u201cYou have these multiple unresolved issues, multiple unresolved conflicts, and importantly, no clear resolution timeline anywhere,\u201d wrote Natalia Lojevsky, managing director at CIFC Asset Management.<\/p>\n \u201cInvestors need to be careful when they step in,\u201d she said, adding that \u201cat some point, higher yields are a painful experience for equities\u201d.<\/p>\n In Asia, the sharp rise in the yen highlighted the nervous tension surrounding the currency in the run up to the Bank of Japan\u2019s (BOJ) meeting later in September.<\/p>\n The yen began strengthening earlier on Wednesday, after a BOJ board member raised the possibility of outsized or back-to-back interest rate hikes.<\/p>\n Overnight index swaps are now more than fully pricing in a standard 25-basis-point rate hike at the BOJ\u2019s September meeting. Pricing suggests only a very low likelihood of a 50-basis-point move.\u00a0<\/p>\n \u201cClearly, this was not a full-scale intervention given the modest scale of the move, but something certainly triggered the algos,\u201d Chris Weston, head of research at Pepperstone Group, wrote in a note. BLOOMBERG<\/p>\n","protected":false},"excerpt":{"rendered":"MSCI\u2019s Asia-Pacific equities gauge rises 1.1%, rebounding from the prior session\u2019s sell-off Published Thu, Sep 3, 2026 \u00b7…\n","protected":false},"author":2,"featured_media":85162,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[14566,16545,217,215,214,216],"class_list":["post-85161","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asia-stocks","tag-asian-equities","tag-business","tag-business-of-japan","tag-japans-business","tag-japanese-business"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/85161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=85161"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/85161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/85162"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=85161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=85161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=85161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"The](\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/09\/1788427808_910_ac76010e09ad5cf011a1791163512ec6ba5041dec176de6ff38702d38c5a86cc.webp\")
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