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Stock market today: Asian shares are mixed and the yen slips against the dollar

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Japanese Yen ニュース

Shigeru Ishiba,Fumio Kishida,Kazuo Ueda

Asian shares were mixed on Thursday after U.S. stocks were little changed as investors watched to see developments in the Middle East.

The U.S. dollar gained against the Japanese yen as officials downplayed the likelihood of an interest rate hike soon.

The meeting between Ishiba and Ueda was not expected to bring major news, however, “when Ishiba hinted that growing global risks should keep the BoJ firmly grounded, yen bulls hit the exits faster than you can say ‘sayonara,’” Stephen Innes of SPI Asset Management said in a commentary. On Wednesday, Wall Street benchmarks ended little changed amid uncertainty over conflict in the Middle East.

The dominant question hanging over Wall Street has been whether the job market can keep holding up after the Federal Reserve earlier kept interest rates at a two-decade high. The Fed was trying to press theThe Fed last month lowered its main interest rate for the first time in more than four years and indicated more cuts will arrive through next year.

 

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