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PropInsider Radar Events Asia-Pacific FX News: Nikkei225 & KOSPI Supported
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Asia-Pacific FX News: Nikkei225 & KOSPI Supported

Event Date: May 15, 2026
Captured: May 15, 2026

Analysis Summary

Asia-Pacific currencies and equities showed resilience as the Trump-Xi summit in Beijing opened with conciliatory remarks. Japan’s Nikkei 225 climbed to a record third session high, and South Korea’s KOSPI extended gains after finance minister comments. Tokyo is considering a supplementary budget to offset rising fuel costs, pressuring JGB yields. In corporate news, Cisco announced approximately 4,000 job cuts amid an AI-centered restructuring, driving shares up about 20%.

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