2026년 2월 9일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Asian equity markets pushed sharply higher as investors leaned back into risk assets, extending momentum from Friday's rebound on Wall Street. The MSCI Asia Pacific Index climbed as much as 2.2% to an all-time high, supported by a powerful move in Japan where the Nikkei 225 surged up to 5.7% following Prime Minister Sanae Takaichi's historic election victory. South Korea's Kospi, often seen as closely tied to AI investment trends, jumped 3.7%, while US equities had risen about 2% on Friday, helping erase earlier weekly losses and setting a more constructive tone for global markets.
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The improved backdrop spilled across asset classes, with US and European equity-index futures advancing and Bitcoin recovering from its recent pullback. Treasuries weakened as the 10-year US yield rose two basis points to 4.22%, while gold and silver moved higher after a volatile week, even as precious metals remained well below their record highs, with bullion still up more than 16% this year. In currency markets, the yen strengthened against the dollar after Takaichi's win, moving away from levels seen as raising intervention risk, with traders watching the 159.45 per dollar level reached in mid-January, its weakest since 2024. Thailand's baht also appreciated following a stronger-than-expected election result, while Brent crude slipped 0.9% as tensions in the Middle East eased.
Strategists caution that while sentiment has improved, the path forward could remain uneven as investors reassess valuations, policy and liquidity conditions. The S&P 500 (SPY) ended Friday close to breakeven for the week, though Goldman Sachs' (NYSE:GS) trading desk warned that US equities may still face selling pressure from trend-following funds, potentially contributing to choppier trading. Attention is now turning to a heavy US data calendar, including January payrolls on Wednesday and inflation data two days later, releases that were delayed by last month's partial government shutdown. Traders currently see less than a 20% chance of a Federal Reserve rate cut next month after policymakers held rates at 3.5% to 3.75% in January, keeping markets sensitive to incoming data and political developments.
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