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Japan markets roiled by Abe resignation news, stocks choppy after Fed shift

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इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The yen pulled back from a two-week low and rose to 106.36 against the dollar.

TOKYO/WASHINGTON - Japanese financial markets were roiled in afternoon trade on Friday after news that Japanese Prime Minister Shinzo Abe will resign for health reasons later on in the day.

The 10-year U.S. Treasury yield rose to 0.7870%, the highest since June 10, which caused the yield curve to steepen, reflecting the Fed's tolerance for higher inflation. Markets swirled after Fed Chairman Jerome Powell laid out a policy that aims for 2% inflation on average so that too low a pace would be followed by an effort to lift inflation"moderately above 2% for some time."

"But Powell really didn't reveal much beyond that. Some people who were expecting a clearer steer on policy or some kind of cap on bond yields are left disappointed."

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 3. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Japan stocks tumble over 2%, safe-haven yen rallies after reports of PM Abe resigningTOKYO (AFP) - Stocks in Japan plunged more than 2 per cent on Friday (Aug 28) after reports said Japanese Prime Minister Shinzo Abe was set to resign owing to health reasons.. Read more at straitstimes.com.
स्रोत: The Straits Times - 🏆 8. / 63 और पढो »