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Nikkei 225 hits 59,000 as BOJ dovish bets and a tech surge ignite Japan stocks - here's why ETFs like EWJ are in focus now.

Japan's Nikkei 225 hits a record as Sanae Takaichi's election win fuels stimulus hopes, lifting investor appetite for Japanese ETFs like EWJ.

The rate check demonstrates yet another tool in the intervention toolbox that can keep the JPY from falling too far amid opposing monetary and fiscal objectives. While it may be essential for the Japanese government to prevent issues with their increasingly marginal currency, it's a net negative for an export led index, such as the one that JPMorgan BetaBuilders Japan ETF tracks. Japanese valuations are also closer…