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Tag Archives: Nikkei
Japan banks lead Nikkei higher following BOJ rate hike
Key points: Japan’s Nikkei share average rose on Wednesday, buoyed by banking stocks after the Bank of Japan (BOJ) raised interest rates for the second time since 2007. The Nikkei index was up 0.25% at 38,620.85 as of 0421 GMT, reversing earlier losses. The broader Topix index also turned positive, trading 0.37% higher. See: Nikkei225Continue Reading
Yen dips as Nikkei rises, central bank meetings near
Key points: On Monday, the yen ticked lower, easing to 154.24 yen against the dollar early in the Asian trading day, a 0.29% rise for the dollar after the yen’s recent surge to 151.945, its strongest in 12 weeks. This shift comes after the yen’s remarkable performance last week, where it gained 2.36% against theContinue Reading
