USD/JPY

• U.S. dollar rebounds after Bessent shuts down report of potential yen intervention - Treasury Secretary Scott Bessent shut down reports that the U.S. may step into the currency market.
• Asia markets set to open mostly higher after S&P 500 hits record - Markets across Asia were poised to extend gains on Tuesday after a record close on Wall Street, with Australia’s inflation release in focus.
• Japan's Nikkei 225 set to hit another high as Asia markets look past geopolitical worries - This comes as Japan's ruling LDP under new Prime Minister Sanae Takaichi is expected to call an election likely in February.
• Japan plans to dissolve parliament with possible snap election in February: NHK - The snap election, if called in Feburary, would be just about five months into Takaichi's term as prime minister.