Stocks gain, dollar softens as peak inflation bets rise

대한민국 뉴스 뉴스

Stocks gain, dollar softens as peak inflation bets rise
대한민국 최근 뉴스,대한민국 헤드 라인

Yen inches closer to the four-month peak reached this week; US consumer confidence at eight-month high

A man wearing a protective mask walks past the headquarters of the Bank of Japan in Tokyo, Japan. File photo: REUTERS/KIM KYUNG-HOON

The yen rose about 0.4% to 131.99 per dollar. It had surged to a four-month high of 130.58 on Tuesday after the BOJ decided to allow the 10-year bond yield to move 50 basis points either side of its 0% target, wider than the previous 25 basis point band. While the US Federal Reserve raised its main interest rate by 50 basis points in its seventh hike of the year in December, money managers are expecting the world's most influential central bank to soften its stance as inflation ebbs lower.

Europe's Stoxx 600 share index rose 0.3%, putting it on course for a near 2% weekly gain, though it remains on track for a double-digit annual loss.

 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

How to run a filter to find winning stocksHow to run a filter to find winning stocks[ICYMI] MoneywebNow podcast with SimonPB, a look at how to filter shares to find quality stocks and a look at retail stocks in 2022. Download podcast:
더 많은 것을 읽으십시오 »

MARKET WRAP: Rand holds on to gains while JSE gets a lift from precious metals stocksPlatinum miners buoyed by the stronger metals prices, while yen records its biggest one-day rise since 1998 and medium-term outlook for the rand remains bullish
더 많은 것을 읽으십시오 »



Render Time: 2025-01-09 11:39:34