Asia rallies as Japan shares surge to record peak post Takaichi's win

Asian markets leapt higher on Monday as a resounding win for Japanese Prime Minister Sanae Takaichi whetted appetites for more reflationary policies, while there was widespread investor relief at Wall Street's last gasp rebound. A rally in chip stocks and bargain hunting in beaten-down momentum plays including silver ‍had helped shore up sentiment, as did wagers of more rate cuts ​from the US Federal Reserve. A rate cut by June is now seen as an odds-on bet, with a slew of economic data this week on jobs ...