Tokyo Stock Exchange Update (Dec. 20, 2025): BOJ Rate Hike, Yen Volatility, New ETFs, and the 2026 Outlook
Tokyo Stock Exchange (TSE) investors head into the weekend with a familiar Japanese-market paradox: the Bank of Japan (BOJ) has pushed rates to a three-decade high, yet the yen is still weakening—forcing portfolio managers to rethink what “tightening” actually means