Japan’s Nikkei stock index surged to a three-decade high following news of a historic leadership shift in the country. The yen weakened against major currencies, with the USD/JPY pair hitting a three-week high. The market reacted positively to the political developments in Japan, signaling confidence in the new leadership’s economic policies.

Read more at Investing.com: Bybit x FXStreet TradFi Report: Japan’s Historic Leadership Shift Sparks Nikkei Rally and Yen Weakness