Historic Rate Rise on Track Despite Recession, USD/JPY Contained
Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into recession
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Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into recession
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U.S. stocks were higher after the close on Friday, as gains in the Technology, Consumer Services and Healthcare sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.44% to hit a new all time high, while the S&P 500 index climbed 0.75%, and the NASDAQ Composite index climbed 0.81%. Please share this article - Go to very top of page, right hand side, for social media buttons. The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 2.22% or 6.02 points to trade at 277.62 at the close. Meanwh...