From Dow Jones & Company:

The Nikkei Stock Average is set to reach a near 34-year high for the fourth consecutive day due to the Bank of Japan’s expected maintenance of loose monetary policy and a weaker yen. The benchmark index is 1.2% higher at 35474.57, on track for the highest closing level since February 1990. It is also projected to have a 6.3% gain this week, the largest weekly gain since March 18, 2022. Nomura forecasts the Nikkei to trade in a 33000-37000 range for January-March. (Source: Dow Jones & Company, Inc.)



Read more: Nikkei Stock Average Heads for Fourth Day of Near 34-Year Highs