Nikkei225 Extends Winning Streak on Yen Weakness and Banking Gains

The Nikkei225 index has risen for five consecutive sessions, driven by yen weakness and gains in banking stocks.

The index is approaching a key resistance level near 66,600, where the 75-day moving average may limit further upside. Export-related shares have benefited from the USD/JPY trading near the 158.70 area, boosting sentiment toward Japanese companies with overseas exposure.

Traders continue to monitor oil prices, as higher crude prices could increase inflation concerns and future policies. The yen's weakness has supported Japanese exporters by improving overseas earnings expectations.