Japanese yen strengthens after touching 160 to the dollar; Asia stocks rise as Fed meeting looms

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Japanese yen touched 160 against the U.S. dollar, while investors awaited Japan’s industrial production and retail sales data from March later in the…

Traders look toward the Federal Reserve's meeting this week, following another hotter-than-expected U.S. inflation reading Friday., excluding food and energy, rose 2.8% from a year ago, and came in ahead of the 2.7% expected by Dow Jones. Personal spending rose 0.8%, ahead of a 0.7% estimate.

China reports its industrial profits data on a rolling year-to-date basis, and usually combines January and February economic data into a single reading. A European company known for its bitcoin mining operations has recently transformed its business model to focus on cloud solutions and data center infrastructure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese yen touches 160 to the dollar; Asia stocks rise as Fed meeting loomsThe Japanese yen touched 160 against the U.S. dollar, while investors awaited Japan’s industrial production and retail sales data from March later in the…
Source: NBCDFW - 🏆 288. / 63 Read more »