To The Moon

⛩The $Nikkei 225 Index(N225.JP)$ is leading the Asian rebound this morning with a 1.3% increase to 49,795 as of 1117AM

✳✴Consequently, Macquarie's trending Nikkei call warrant $NKY 59000MBeCW260612(V3XW.SI)$ (https://www.warrants.com.sg/tools/livematrix/V3XW) is up 9.2% to SGD 0.071 while trending put warrant $NKY 46000MBePW260313(RHJW.SI)$ (https://www.warrants.com.sg/tools/livematrix/RHJW) is down 10.2% to SGD 0.079

📊Despite today's rebound, the Nikkei225 remains an index underperformer this month to date with a 1.4% loss to trade below the key 50,000 level, compared to the 1% fall in the Hang Seng Index, 1.1% drop in the S&P500 and 1% increase in the Straits Times Index

🏦This morning, the Bank of Japan raised its interest rates to 0.75% - the first time they have hiked rates since January - to the highest rate level in 3 decades

👤The rate hike is not surprising, given BoJ Governor Kazuo Ueda's hints of a rate hike earlier this month

💬The BoJ issued a statement that "while uncertainties remain regarding the U.S. economy and the impact of trade policy in each jurisdiction, these uncertainties have declined.”

🎤The focus now is on the afternoon news conference by Ueda, where investors will be watching out for hints at any further hikes or if Ueda may try to reassure markets that it will keep conditions easy for much longer

💹Since the hike announcement, the Japanese yen has weakened to an intraday low. A fall in the Japanese yen generally bodes well for Japanese equities and vice versa

🔧Those who foresee further moves in the Nikkei225 Index may wish to trade a bullish view via our trending Nikkei call warrant V3XW or our trending put RHJW for a bearish view. Both warrants will move between 7-8 times more than the Nikkei225 futures index while requiring a lower capital outlay without the risk of margin calls