Market Rally Driven by Takaichi Trade and Global Economic Updates

The Takaichi trade positively impacts European and Asian markets as Japan forms a coalition government, potentially leading to its first female prime minister. While the Nikkei soars, China's mixed data does not suggest aggressive stimulus, and U.S. economic growth is threatened by government shutdown. Key market influences include earnings reports and ECB discussions.

The European and global markets are buzzing with activity, driven by the Takaichi trade in Japan. Japan's coalition government formation with the Japan Innovation Party signals a move closer to the nation's first female prime minister, Sanae Takaichi. Analysts anticipate her pro-stimulus stance, affecting market dynamics significantly.

Elsewhere in Asia, markets responded positively to the surge in the Nikkei, which rose 2.9% to a record high. China's economic data painted a mixed picture but generally exceeded expectations, helping buoy investor confidence despite ongoing U.S. trade tensions.

Across the Atlantic, the unresolved U.S. government shutdown casts a shadow over economic growth prospects. Nevertheless, markets remain attentive to earnings reports from major corporations, as well as monetary policy discussions by European central bankers, which could further influence trading sentiment.

(With inputs from agencies.)