Asian markets are trading on course for standout quarterly performances, with Japan’s Nikkei and South Korea’s KOSPI set to post outsized gains. Multiple reports attribute the momentum to currency and rate dynamics: the yen remains near a multi-decade low, while expectations around U.S. interest rates support a stronger U.S. dollar. This currency backdrop is also linked to pressure on gold and the yen, reflecting shifting cross-asset pricing. In addition, at least one outlet points to improving global growth sentiment as concerns about oil prices ease, which supports risk appetite and equities. The reports describe the yen as having fallen to around a 40-year low, contributing to the Nikkei’s record-looking quarterly rise. Overall, the sources present a consistent picture: Asian stocks benefit from improving outlook signals and the macro environment shaped by U.S. rate expectations and weaker yen, while the dollar’s movement weighs on commodities like gold and on the yen itself.