Asian equities surged to record highs on Monday, buoyed by broad gains across risk assets including technology stocks, Bitcoin, and precious metals, following a strong finish on Wall Street last week.
The MSCI Asia Pacific Index climbed as much as 2.4% to an all-time high, while Japan’s Nikkei 225 Index surged 5.7% to a record, driven by market optimism after Prime Minister Sanae Takaichi’s historic election victory. South Korea’s Kospi Index — a benchmark for AI-related investments — jumped 4.2%.
US markets had posted gains of about 2% on Friday, recouping part of the prior week’s losses, and the rally carried into Europe, with equity-index futures trading higher.
Cryptocurrency markets also benefited, with Bitcoin recovering from recent declines. Gold and silver continued their ascent, reflecting a pattern seen throughout 2026 where precious metals have risen alongside equities.
Meanwhile, Chinese authorities urged banks to reduce exposure to US Treasuries, citing concentration risks and market volatility. The 10-year Treasury yield rose four basis points to 4.24%, pressuring the US dollar, which extended its losses. US equity-index futures pared some gains on the news.
Investors are monitoring these developments closely as risk sentiment appears to be driving a sustained rally in both traditional and digital assets.
