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Tokyo stocks edge higher as exporters gain on softer yen

Japanese equities opened modestly higher on Tuesday, with exporters leading early gains as the yen softened and investors positioned ahead of key global macro data later this week.

Nikkei supported by currency tailwind
The benchmark Nikkei 225 advanced in early trading, supported by renewed demand for automotive and technology exporters. A weaker yen against the US dollar improved earnings expectations for internationally exposed firms, a dynamic that continues to shape short-term sentiment in Tokyo.

Investors remain attentive to movements in US Treasury yields, which have influenced currency markets and risk appetite across Asia. Domestic data releases were limited at the open, leaving global cues as the dominant driver.

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Financials and chip names in focus
Banks traded mixed as traders assessed the outlook for monetary policy from the Bank of Japan. While speculation around further policy normalisation has eased in recent sessions, rate expectations continue to influence financial stocks.

Semiconductor-related shares saw selective buying, tracking a steadier tone in US tech futures. However, gains were measured, reflecting caution after recent volatility in global growth stocks.

Outlook remains data-dependent
Market participants described the opening tone as constructive but fragile. With inflation data and central bank commentary expected globally, positioning remains light.

For now, the Tokyo open suggests investors are willing to add risk selectively, provided currency conditions remain supportive and global markets avoid fresh shocks.

Newshub Editorial in Asia – 17 February 2026

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