Tokyo stocks continue to rally, with the Nikkei 225 stock index breaking 45,000 for the first time in history soon after the open on Tuesday.
The benchmark rose steadily last week, hitting all-time highs three times.
It rose as high as 45,055.38 on Tuesday morning, the first trading day of the week.
Growing anticipation of a September rate cut in the United States has helped fuel the rally. The U.S. Federal Reserve is set to hold a Federal Open Market Committee meeting on Tuesday and Wednesday, and a rate cut is widely expected.
The United States is also set to lower auto tariffs on Japan — from 27.5% to 15% — effective Tuesday.
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