Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
JPYUSD

Yen Weakens Despite Hawkish BOJ Signals

The Japanese yen traded near 157 per dollar on Wednesday after a sharp three-day decline, even as Bank of Japan Governor Kazuo Ueda said the central bank is getting closer to attaining its inflation target, hinting at a potential near-term rate hike. Markets are pricing in a possible BOJ rate increase next week, with attention focused on Ueda’s post-meeting comments for guidance on policy plans next year. The currency also faced pressure from growing concerns over Japan’s fiscal health amid Prime Minister Sanae Takaichi’s expansive spending plans. Additionally, wide interest rate differentials between Japan and other major economies encouraged bearish bets, as domestic rates remain among the lowest globally. The yen weakened across the board, sinking to record lows against the euro.

Today Markets

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button