SYDNEY - Japanese stocks jumped and the yen fell on Thursday as the risk of further tightening in monetary policy this year faded, while the sizzling rally in Hong Kong's share market took a breather.
Ueda also said the central bank would move cautiously in deciding whether to raise rates. Dovish BOJ policymaker Asahi Noguchi also said the BOJ must patiently maintain loose monetary conditions. Elsewhere in Asia, China's mainland markets are closed for a holiday, but Hong Kong's Hang Seng lost 2.5%, having soared 6.2% a day earlier. The benchmark is still up a staggering 30% in just three weeks after China announced a barrage of stimulus measures to revive a faltering economy.Overnight, Wall Street was mostly flat, though Treasury yields rose after a strong private payrolls report added to evidence of a healthy U.
For the second year in a row, Baltimore was swept out of the postseason without putting up much of a fight.Pence reportedly tried to convince Trump to accept that the 2020 election was over in the weeks following that year’s electionJackson Chourio tied it in the eighth with his second homer of the game and Garrett Mitchell put the Brewers out in front with a blast of his own.So, the Fed has pivoted once again. Jerome Powell has done so many twists that Chubby Checker would be envious.
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