Japan Stock Market Opening Preview for Nov. 25, 2025: Nikkei Futures, BOJ Rate Hike Bets, Rapidus Funding and China Travel Boycott in Focus
Japan’s cash equity market reopens Tuesday after a holiday, with Nikkei 225 futures pointing to a firmer start following a sharp Wall Street rally. The yen trades near 10-month lows at ¥156–157 per dollar, raising FX intervention risk. The Nikkei last closed at 48,625.88, down 2.4%, about 5% below its October record. Investors face fresh GDP concerns, government debt worries, and signs of strong wage hikes ahead of the next BOJ meeting.