Market Update
Japan's Indexes Extended 5-Day Lo
Akira Ito
21 Jan, 2026
Tokyo
Japan's stock indexes decreased for the fifth session in a row amid growing domestic political anxieties and geopolitical uncertainties.
The Nikkei 225 Stock Average decreased 0.5%, the broader Topix declined 0.9% to 3,591.49, and the yen hovered closer to 159 against the U.S. dollar.
Japanese government bond yields rose to 2.35% after Prime Minister Sanae Takaichi's proposal to lower sales tax on food to 8% supported worries of growing fiscal imbalance.
Market anxieties were compounded by the increasing tone of aggressive rhetoric from the U.S. president over Greenland. The European leaders are set to announce their countertrade measures in response to threats of aggressive U.S. trade restrictions.
Meanwhile, the Bank of Japan is widely anticipated to hold rates steady at the end of the policy later in the week.
Japan Indexes and Stocks
Broader market indexes dropped following a sharp decline in stocks in New York in overnight trading.
The Nikkei 225 Stock Average decreased 0.5% to 52,752.45, and the broader Topix Index dropped 0.9% to 3,591.49.
Softbank Group, Tokyo Electron, and Advantest Corp. fell between 0.5% and 2%.
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial, and Mizuho Financial declined between 1% and 4%.
Rising Geopolitical Tensions Dragged Down China Stocks
Li Chen
21 Jan, 2026
Hong Kong
Stocks in China extended their recent decline amid rising geopolitical tensions and earnings jitters.
The Hang Seng Index decreased 0.2%, and the mainland-focused CSI 300 Index gained 0.3% amid worries that trade tensions between the U.S. and the European Union could flare up.
In addition, stocks were under pressure after Japanese bond yields edged higher to 2.35% amid worries that the proposed decrease in sales tax on food could worsen Japan's fiscal position.
A Danish pension fund said it plans to sell its U.S. Treasury holdings, following the persistent calls by the U.S. president to "purchase" Greenland.
Tensions are running high in the European Union, as leaders discuss possible trade retaliation and ramp up military exercises to prevent the U.S. incursion in Greenland.
China Indexes and Stocks
The Hang Seng Index decreased 0.2% to 26,447.78, and the mainland-focused CSI 300 Index added 0.3% to 4,734.09.
Among the most actively traded stocks, Baidu, Alibaba Group, Meituan, Anta Sports, CK Infrastructure, and NetEase dropped between 0.9% and 5%.
Rising Geopolitical Tensions Dragged Down China Stocks
Li Chen
21 Jan, 2026
Hong Kong
Stocks in China extended their recent decline amid rising geopolitical tensions and earnings jitters.
The Hang Seng Index decreased 0.2%, and the mainland-focused CSI 300 Index gained 0.3% amid worries that trade tensions between the U.S. and the European Union could flare up.
In addition, stocks were under pressure after Japanese bond yields edged higher to 2.35% amid worries that the proposed decrease in sales tax on food could worsen Japan's fiscal position.
A Danish pension fund said it plans to sell its U.S. Treasury holdings, following the persistent calls by the U.S. president to "purchase" Greenland.
Tensions are running high in the European Union, as leaders discuss possible trade retaliation and ramp up military exercises to prevent the U.S. incursion in Greenland.
China Indexes and Stocks
The Hang Seng Index decreased 0.2% to 26,447.78, and the mainland-focused CSI 300 Index added 0.3% to 4,734.09.
Among the most actively traded stocks, Baidu, Alibaba Group, Meituan, Anta Sports, CK Infrastructure, and NetEase dropped between 0.9% and 5%.
U.S. Tariff Threats Return With Greenland Vengeance
Barry Adams
20 Jan, 2026
New York City
Stocks on Wall Street fell sharply amid rapid escalation in trade tensions between the U.S. and the European Union.
The S&P 500 index and the Nasdaq Composite declined around 1.5% after a week of hectic trading, and investors weighed two inflation reports against earnings optimism.
The U.S. president proposed to increase tariffs to 200% on French wines and other goods after the French president reportedly urged European leaders to offer a unified response to Trump's threats to "purchase" Greenland.
Moreover, Trump threatened additional 10% tariffs on British goods after the UK agreed to transfer sovereignty of the Chagos Islands to Mauritius.
The island hosts a joint U.S.-UK military base, and the transfer was previously approved by the Trump administration.
On Tuesday, gold and silver hit fresh new highs in New York, London, and Shanghai amid rising geopolitical tensions after the U.S. president intensified his threats to "purchase" Greenland and slapped additional tariffs on European allies.
In the holiday-shortened week, about 90 U.S. companies are set to release their quarterly results, including earnings updates from Netflix, GE Aerospace, Schlumberger, Intel, Proctor & Gamble, and Johnson & Johnson.
U.S. Tariff Threats Returns With Greenland Vengence
Barry Adams
20 Jan, 2026
New York City
Stocks on Wall Street fell sharply amid rapid escalation in trade tensions between the U.S. and the European Union.
The S&P 500 index and the Nasdaq Composite declined around 1.5% after a week of hectic trading, and investors weighed two inflation reports against earnings optimism.
The U.S. president proposed to increase tariffs to 200% on French wines and other goods after the French president reportedly urged European leaders to offer a unified response to Trump's threats to "purchase" Greenland.
Moreover, Trump threatened additional 10% tariffs on British goods after the UK agreed to transfer sovereignty of the Chagos Islands to Mauritius.
The island hosts a joint U.S.-UK military base, and the transfer was previously approved by the Trump administration.
On Tuesday, gold and silver hit fresh new highs in New York, London, and Shanghai amid rising geopolitical tensions after the U.S. president intensified his threats to "purchase" Greenland and slapped additional tariffs on European allies.
In the holiday-shortened week, about 90 U.S. companies are set to release their quarterly results, including earnings updates from Netflix, GE Aerospace, Schlumberger, Intel, Proctor & Gamble, and Johnson & Johnson.
Takaichi Seeks Voter Approval for National Economic and Defense Agenda
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.
Japan TUESDAY
Akira Ito
20 Jan, 2026
Tokyo
Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment.
The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar.
Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities.
Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51.
Technology and diversified manufacturing companies led decliners in Tokyo trading.
Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0.
Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0.
IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.