Bank of Japan refrains from warning against yield rise to 12-year high marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Asian markets rallied on Thursday, with Japan's Nikkei 225, Australia's S&P/ASX 200, India's Nifty 50, and China's indices all closing higher. Despite a small dip in commodities, world stocks reached a record high, fueled by hopes of U.S. interest rate cuts. However, European markets bucked the global trend, edging lower due to disappointing earnings.
On Wednesday, May 16th, U.S. stock markets closed significantly higher, with major indexes reaching record highs. The S&P 500 and Nasdaq each climbed over 1% following lower-than-expected consumer inflation, which fueled hopes for Federal Reserve rate cuts. Technology stocks led the gains, pushing the Dow closer to the 40,000 mark. According to the economic data, April U.S. consumer prices rose 0.3% month-over-month, down from 0.4% in March and below market expectations of 0.4%. Annual inflation
By Peter Landers TOKYO Japan likely carried out a second round of significant yen-buying intervention this week, according to a calculation based on data from the Bank of Japan and private.
Foreign Affairs - Egypt - Ahram Online ahram.org.eg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ahram.org.eg Daily Mail and Mail on Sunday newspapers.