Nikkei Hits Record High; Busy Week Ahead for Markets with Fed, Jobs Data, Other Events
- Nikkei index in Japan hit a record high of over 40,000
- Major events this week include Fed Chair Powell testifying, US jobs report, UK budget, ECB meeting, Biden's State of the Union address
- Bank of Canada meeting this week expected to keep rates on hold
- Asia-Pacific shares mostly higher following Nikkei's rise
- Oil prices rose after OPEC+ agreed to extend production cuts